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Showing posts from December 9, 2014

NIFTY - an update

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NIFTY (8438) - Post No.1)   On 26th September, when it was trading at 7900, posted as " mentioned down side target of 7858-7808 remain same and intact  but below that next downside target 7738-7688" As posted it came down and made low 7724 on 17th Oct. 2014, from there, up move started... Post No.2) On 01st Nov. 2014, when it was trading at 8300, posted as " upside target 8620-8660" As posted, it attacked the target , It made high 8627 on 04th Dec. and as on yesterday it corrected up to 8432. *** Now what next ?  target and support 8380-8350 But below that next down side target 8200-8170

BANK NIFTY - SPOT

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BANKNIFTY   (18510) -  Post No.1)   11th March 2014 , when it was trading at 12100, posted as " Above 13300-13500, ready for mega up move , if it happen, will post the mega upside target." Post No.2)   13th May 2014, when it was trading at 14000, posted as " Now   Support 13500-13300  & 12800-12500 above that   Ultimate Upside Target  18200---18900" Post No.3) 22nd Aug.2014, when it was trading at 15600, posted as " Resistance 15725-15925 But trade and stays above that next upside target 17050-17250 and afterwards already mentioned   ULTIMATE UPSIDE TARGET 18200-18900  is remain same and intact." *** In this month of December, on 05th, it made high 18875 and yesterday it closed at 18510. so mentioned target attacked completely that is from 13300  to 18875, more than 5500 points that to with in 7 months period. *** So now it warranted correction. Correction target

Idea Cellular

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IDEA  (147) -  Hope and support 145--141 But trade and stays below that  down side target 125---117

Hexaware Technologies

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HEXAWARE  (214) - Hope and support 212-208 But trade and stays below that  down side target 192--188

BGR Energy Systems

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BGRENERGY   (171) -  Resistance 170--180 But trade and stays above that  upside target 205--215   & 239--249 But above that  ULTIMATE UPSIDE TARGET 346--376

Amtek Auto

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AMTEKAUTO  (203) -  Below 205-215 down side target 190--180

Adani Enterprises

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ADANIENT  (453) - Below 444 down side target 434-427 and 414--409 upside resist 468-475