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Showing posts from November 25, 2014

AXISCADES Engineering Technologies

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AXISCADES (173) -  Support 150--140
Above that 
ULTIMATE UPSIDE TARGET 260--270





Alstom T&D India

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ALSTOMT&D (450) - Hereafter any correction,
Down side Support 400--380

ULTIMATE UPSIDE TARGET  650--680





Aban Offshore

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ABAN (601) - Posted on 20th May as "above 650-640
ULTIMATE UPSIDE TARGET 900--950
hereafter any correction(worst case),  down side support exists at 580--550"



As posted , above 650-640 it moved up and attacked the mentioned target of 900-950 exactly on 08th July (made high 940), not only that,from there correction started and  it attacked our mentioned worst case down side target of 580-550 (made intra-day lowest low 533.65 on 25th Sept. and till now never closed below 550 even though in the last two months it is hovering around 580-550 levels) 

**
now correction over and bottom formed
so already mentioned support of 580-550  remain same and intact 

once again upside target 900---950


But in case trade and stays above 900--950