MURUGAVEL

Almost all the listed PSU Banks Macro Levels were posted here on   10th Dec.2015  SOME MACRO LEVELS OF PSU BANKS - PART 1    and 11th Dec.2015 SOME MACRO LEVELS OF PSU BANKS - PART 2 Out of it, in the last one month, some banks were already met the mentioned macro levels and some are on the way to meet the mentioned macro levels.  Now it is time to see the macro levels of  some of listed Private Banks. *** AXISBANK (374) Already posted on 13th Aug 2015 itself "below 515-505 down side target 400-380, but yesterday ,it closed even below that also. Now what next ?  Now, below 400-380  next in down side 336--303 and worst case 270--260 *** HDFCBANK  (1042) - Below 1040 next in down side 986---943 But below that   ultimate down side 770-750 with in between  support at 865-850. *** HDFC (1150) - Last hope and support 1150--1090 But below that 950-920 & 845-825 *** ICICIBANK (224) - Below 24...

ASHOKLEY - Cross and hold above 97--101 next attack 118--122 pic.twitter.com/wmCNyQuDdK — Murugavel (@murugavell) November 29, 2015 ANDHRABANK 70 CE last eod @ 2.40 attracts / Can expect 2 to 4 times return. pic.twitter.com/axQuV3Bvy2 — Murugavel (@murugavell) November 29, 2015 ARVIND (306) - recent correction of 296 was perfect now can expect 326--329 pic.twitter.com/zdC9SGWAgG — Murugavel (@murugavell) November 29, 2015 AXISBANK (471) - Perfectly double bottomed @ 446 & now reversal is confirming. Marching towards 530-535 & 585--590 pic.twitter.com/nqZOCFLjdZ — Murugavel (@murugavell) November 29, 2015 BAJFINANCE (5579) - Above 5700 ready for another Rs.1000/- up move. pic.twitter.com/RoYeml0iMQ — Murugavel (@murugavell) November 29, 2015 BANKINDIA (130) - Can risk 135 CE (eod 4), 140 CE (eod 2.50) & 150 CE (eod 1) / expect in Cash 146-150 & even 175. pic.twitter.com/bQV8COSZpp — Murugavel (@murugavell) November 29, 2015 B...

AXISBANK  (558) - Now Support 550-535 & 515-505 But trade and stays below that  Down side target 400--380

AXISBANK  (570) - R esistance 577-587 But above that upside target 641-657

AXISBANK   (567) - Posted on 25th March as " Support 555-540 But  below that  down move continue to 510--490" As posted it came down and took support at 507 on 20th April, from there, it is moving up and last Thursday it made high 582 ***  what next ? Now support 556-546 and resistance 577-587 But above that upside target 647-657

AXISBANK   (558) - Posted on 30th Jan as " If any correction, down side support 520--490  above that  ULTIMATE UPSIDE TARGET 970-990 with in between resist at 645-665  and 720--740" As posted, it made high 654.90 on 04th March (that is , mentioned, in between resist of 645-645), from there,fall started, as on yesterday it made low 551.25. Now what next ?  Support 555-540 But  below that  down move continue to 510--490

AXISBANK (599) - Posted on 23rd Dec as " Face resist at 505-510 But above that  next upside target  545-550" Not only it attacked the mentioned target , now moved up to 602 also ** now what next ?  If any correction, down side support 520--490  above that  ULTIMATE UPSIDE TARGET 970-990 with in between resist at 645-665  and 720--740

AXISBANK  (498) - Posted on 17th Dec as "  support 465-460" as posted it took support exactly at 464.20 on 17th Dec itself and as on yesterday it made high 500.75. Now what next ?  Face resist at 505-510 But above that  next upside target  545-550

AXISBANK  (472) - Posted on 13th Nov. as " Going to TOP OUT 490--510" as posted, it topped out at 506.40 on 05th Dec, from there, so for it made low 465 as on yesterday. Now what next ?  support 465-460 But below that next down side target 423-418

 AXISBANK  (481) - Posted on 02nd Sept. as " Last hurdle 403--414 But above that  ULTIMATE UPSIDE TARGET  461----491" As posted now nearing the mentioned ULTIMATE UPSIDE TARGET (as on yesterday it made high 482.70) Now what next ?  Going to TOP OUT 490--510

AXISBANK   (405) - Last hurdle 403--414 But above that  ULTIMATE UPSIDE TARGET  461----491 (This target posted on 12th May itself that is before the  5:1 Spilt )

AXISBANK (1995) - Posted on 12th May itself (when it was trading at 1629) , about its positional target of 2335-2455 with in between resist at 2015-2055" As posted , break out happened on 12th May itself and last Friday it made high 2009.85 that is near to the mentioned  in between resist of 2015-2055. So now all levels are remain same and intact that is now target and resist 2015-2055 But above that   ULTIMATE UPSIDE TARGET 2335-2455 (this is only a reminder)

AXISBANK (1629) - Posted on 06th May 'Face Last Hurdle 1600-1630" as posted , last Friday it came to the mentioned hurdle (made high 1650 but closed at 1629)  Now  hurdle  1600---1650 But two consecutive POSITIVE CLOSE above that,  then ready for a big up move Ultimate Upside Target  2335--2455 But immediate resist exist  at 1693-1713  and afterwards next, in between, resist at   2015-2055

AXISBANK (1551) - Posted on 10th March. Click here to see that Post posted target of 1540-1560 attacked yesterday  and now trade above that,as posted, face last hurdle at 1600-1630

AXISBANK (1406) - Posted on 28th Feb " Now Support 1240-1220, Above that up move continue and next upside target 1370-1390" as posted, exactly it took support at 1240 on 28th Feb (Low 1238)  itself. and last Friday it attacked the mentioned upside target of 1390 (made high 1423 and closed above the target also). what next ?  Now Resistance 1410-1430 But trade and stays above that up move continue to 1540-1560 and afterwards  1600-1630 But mega breakout will pan out above 1600-1630 If it happen, will post the mega upside target.

AXISBANK (1239) - Posted on 10th Feb "Support 1115-1090 and above that upside target 1220-1240" as posted it took support at 1115-1090 level (it made lowest low 1083 on 14th Feb) and from there moved up and attacked the mentioned target (made highest high 1251 on 25th Feb.).  what next ?  Now Support 1240-1220 Above that up move continue and next upside target 1370-1390

AXISBANK (1125) - Posted on 05th Feb support 1115-1090, as posted it holding this mentioned support in the last  7 days (it made lowest low 1098.55 on 06th Feb).  now what next ?  so support remain same at 1115-1090 above that upside target 1220-1240 in between resist at 1170-1180 *** Latest News :  The government is set to sell its stake in Axis Bank , which forms part of the SUUTI portfolio. Government will sell about 10.3 percent stake on February 14 via a block deal. In fact bankers are in the process of talking to high networth individuals (HNIs) as well as Qualified Institutional Buyer (QIB) for participation in the stake sale. According to sources, The government has also prepared a negative list of investors who will not be able to participate in the block deal . This means the final investors that come in will be after finance ministry’s approval. The government approved Axis’ proposal to raise its Foreign Investm...

AXISBANK(1121) - Posted on 08th Jan " below 1220-1200 down side target 1115-1090" as posted it attacked the down side target and hovering around the target for the last 4 days.  so support 1115-1090 But trade and stays below 1115-1090 next in down side 1033-1013

AXISBANK (1234) - Support 1220-1200 But below that down side target 1115-1090

AXISBANK (1191) - Posted on 26th Nov. " If hold above 1100-1075 upside target 1175-1195"  Posted target attacked and the last three days it is holding 1190 level  what next ?  Now trade above 1200 up move continue to  1260-1280