MURUGAVEL

NF (5967)  -  Support 5940 & 5910 above that, move upto 6030 & 6060 but below 5910 come down to 5830.

HCLTECH (449) - Strong hurdle 447_457 expect correction but if trade and stays above this level, going to attack 522_542.

JINDALSTEL (671) - Posted on 07th dec top out at 712_724, as expected it went upto 715 from there it corrected to 650. as such, now correction over, support 650_640 and expect once again upmove to 712_ 724 and after that 790_795.

VOLTAS (220) - Hurdle 230, below that, come down to 213 and ultimate 200.

TATASTEEL (660) -   Already posted on 15th Dec. now it is more corfirmed. that is, above 650 ultimate 722   in between stop at 672_682.

NF ( 5895) - Hurdle 5925_5935, If not move beyond, expect fall 5855 & 5825

NF (5960) - Support 5930 & 5880 Resist 6000 & 6050

SBIN (2793) - Timebeing already fall over. now support 2740 now marching towards 3050-3070

TATACHEM (373) - Now face hurdle at 380 but if trade above this, then move to 394.

TATASTEEL (647) - On 23rd nov mentioned here above 621, target 648-650 now what next ? Hurdle 650 but trade and stays above this level, then move to 672_682 and above that ultimate 722.

TCS (1081) - On 03rd Dec posted here for wipro above 420 target 464 & 486 it is already moving up and nearing the mentioned target. now it is time to concentrate TCS also. Above 1065-1050 upmove only and once move and stays above 1115 ultimate target 1227 and inbetween resist at 1174-1178.

    NF (5931) - Support   -  5900 & 5860 Resistance  -  6000 & 6040.

NF (5875) - Support 5850 & 5810 and Resistance 5950 & 5990

JSWSTEEL (1041) - Posted on 18th Nov. Below 1210, downside target 1060, last friday it reached and even closed below that also. what next ? now 1060 becomes hurdle and below that, fall continue to 990-980 and even if not take support here also, then expect 910-890.

FEDERALBNK (407) - Last friday bottomed out at 383 with heavy delivery volume. Strong support exists at 395_385, so above this, expect upmove to 450 & 470.

UNIONBANK (321) - If you saw the 28 oct post and 22 nov reminder post about the topped out , now no need to explain the recent fall. what next ? Timebeing low formed at 303, expect pullback rally to 345_355.

Again repeat the 06th dec post. Avoid momentum stocks because now everybody know the fact. Every operator exited or exiting from their operation in the market and it will take time to come back again. so every pullback rise, might be sold out. Nifty may try to bottom out today !   Bottom Low 5690_5670 and if not and If FII joined the selling spree in full swing, then at no time Nifty may touch 5535 , 5300+ or even beyond.... Be alert, particularly in long side. So no need to specify each and every stock.

NF (6020) - No change. Levels are remain same, Resist 6040_6070 if trade above this level, next attack 6150. Support 5970-5950. In down side, if trade below 5950 last hope 5920, but afterwards, come down to 5840

HANUNG (233) - It seems, fall over and bottomed out at 215 (what a fall from 414 to 215) So hereafter further fall, only, if it trade and close below 215, for that expect 178 otherwise expect upmove from here.. first target 300_320.

JUBLFOOD (627) - Already multiple topped at 636 So now it trade and stays above this, then move to 665 and afterwards 705_715. (note : don't get trapped beyond the mentioned levels)

ORIRNTBANK (385) - Now Hurdle at 395. If not move beyond that and trade below 380, expect fall upto 352-348 and aftwards ultimate 320_315.

NF (5992) - Levels are remain same, Resist 6040_6070 if trade above this level, next attack 6150. Support 5970-5950. In down side, if trade below 5950 last hope 5920, but afterwards, come down to 5840

JINDALSTEL (699) - See 23rd nov. post no need to explain. Now what next ? Going to top out between 712_724. But in case if trade and stays above this level, then move to 790-795.

TATAMOTORS (1358) - On 02nd Dec. mentioned the upside target 1384. yesterday it made a high of 1382 Now what next ? support 1340 and If move beyond 1384 then next attack in upside 1558 in between resist at 1449.

For time-being Avoid Momentum Mid-caps stocks either Long or Short. It is time to Wait and Watch.

CRUDE OIL ($ 89.19) -   Now, It is in half way mark of 2008 high and low.   From here what next ? If it trade and  2consecutive close above 92.80, then  shortly going to attack 110.06. That is almost 25% rise from here ! If it happens, think about our Oil bill, Balance of payment, GDP growth and last but foremost,  as a market participant point of view, think about Stock Market ? Our wish it should not happen but the Numbers says so.....

NF (6026) - Levels are remain same, Resist 6040_6070 if trade above this level, next attack 6150. Support 5970-5950. In down side, if trade below 5950 last hope 5920, but afterwards, come down to 5840

LICHSGFIN (1052) - It seems pullback high (1088) already over, or expect maximum high 1110-1120. If it not trade and stays above this level , again come down to 910-890 and if it not hold there, then expect 745_715.

TTKPRESTIG (1655) - Once again going to top out between 1745-1765. But in case if trade and stays above this, then going to attack 2190-2200 in between resist exists at 1970.

ULTRACEMCO (1091) - Last hope and support at 1070 but trade and stays below that, then going to crack upto 965_955 in between support exists at 1025-1005.

WIPRO (426) - Above 420, go upto 440-442. And if trade and stays above 442, then going to attack 486 in between resist at 464

NF (5982) - Support 5960-5950, above that going to attack 6040_6070 if trade above this level, next attack 6150. In down side, if trade below 5950 last hope 5920, but afterwards, come down to 5840.

BHARATFORG (396) - Reminder , go and see 11th nov. post.

CIPLA ( 365) - Above 360, go upto 380_385 and afterwards, very shortly going to see the price of 400 & 427.

JINDALPOLY (501) - If you see 16th nov. post, you know yourself, it already took support at the mentioned level of 405_385. ( it made a low 389 on 29th nov.). from there it already bounced back and made a high 515. what next ? Hurdle 525-530 but above that, move up to 600_610.

JUBLFOOD (620) - If you See 09th Nov. post, no need to explain

RANBAXY ( 576) - Above 582, going to attack 620.

TALWALKARS (294) - Strong hurdle 295_300. But above that going to attack 328 & 342.

TATAMOTORS (1287) - Support 1260 & 1240, going to attack 1340 & 1384.

UFLEX (263) - Support 250_245, above this going to attack 295_305.

VIDEOIND (228) - Above 230, going to attack 260-264.

NF (5772) - Hurdle 5790_5810 and support 5750 but below that come down to 5657_5637 afterwards ultimate 5583. But above 5810 may move to 5850 afterwards 5925_5945.

RCOM (131) - Last hope and support 130 but Trade and stays below 130, ultimate down target 57.

NMDC (238) - If stays below 240, ultimate down target 181.

DLF (287) - Last hope and support 250 but below that, Break down target 114.

ABB (763) - Last Hope & Support 750. If trade and close below that, then come down to 530_520. minor support exists at 670_640.

ABAN (669) - Last Hope and Last Support at 640_630. If trade and close below that, then going to attack in downside 340, minor support exists at 550.

INDIAINFO (80) - Below 90, ultimate down target 47.

BOMDYEING (499) - Last hope and support 475. But trade and close below that , come down to 260_250. in between support exists at 350.

IBREALEST (136) - Below 140_150 ultimate down target 66.