MURUGAVEL

NF (5684) -   Levels remain same.  Support 5650-5625  and Resistance 5750-5775.

SBIN (2678) - It seems, day before yesterday topped out at 2737 so above that only upmove otherwise if trade below 2660, fall continue and attack once again 2460 and afterwards 2350.

RELIANCE (959)  - Once again support 960-950 but trade and stays below 945 come down to 915_900.

JINDALSTEL (689) - Hereafter upmove above 710 only. so below that come down to 665-655.

HINDUNILVR (282) - Hereafter Hurdle at 290-293 if not move and close beyond that, then step by step it come down to 274-272,  260  and ultimately 250-245.

FINANTECH (723) - Today Q3 results. It seems already bottomed out at 695 and if trade and stays above 730 that to after Q3 results,  then move upto 900_930  in between resist at 775. But trade and close below 695 down fall continue to 602 and afterwards ultimate 420. One of the watchlist stock for this year for both way trades.

NF (5740)  -   Hurdle remain same at 5750-5775 but trade and stays above this upmove to 5875-5885 and in downside, support also remain same 5650-5625.

DRREDDY (1636) - as posted on 23rd dec. once again 1616 is the support but trade and close below that only further fall. for that expect in downside 1510-1500. otherwise upmove 1700_1730.

HANUNG (238) - Strong hurdle 245-250 But trade and stays above this level , going to attack 300_320.

INDUSINDBK (239) - Hurdle 245. But trade and stays above 245, going to attack 267-270.

M&M (792) - Posted on 17th Jan Last hope 730-720. As posted it took support at 730 and from there, it is moving up and yesterday made a high of 797.  now the upside target 825.

MAHLIFE (331) - Bottom out Support 320-310. If hold, then expect in upside 400_425

MPHASIS (684) - If not move beyond 690-695, then come down to 665-655.

TTKPRESTIG (1805) - Repeat the 03 Dec. 2010 post once again.   Once again going to top out between 1745-1765. But in case if trade and stays above this, then going to attack 2190-2200 As posted, from 1700 it came down to 1400 and yesterday it upper freezed at 1805 Now the utlitimate target remain same in upside 2190-2200 in between resist at 1944-1954.

ORCHIDCHEM (315) - If not move beyond 318_324, expect correction 295-292. But above 324 upmove to 344.

NF (5700) -  Upper range 5750-5775  and Lower range 5650-5625. next big move, above or below this range only.

SBIN ( 2597) - As posted on 06th Jan. below 2665-2650 it came down to the mentioned down target of 2460 (made a low of 2463) and bounced back to 2607 also.   now what next ? once again face hurdle at 2650 & 2690 but close above that upmove going to start. Tommorrow RBI credit policy will decide the next move !

RELIANCE (987) - As posted on 18th jan below 990 it came down to the mentioned down target of 960-950 (made a low of 955) and from there bounced back to 992 also.  Now what next ? face hurdle at 1010 but trade above that move to 1040-1050.   

BHARATFORG (348) - Hurdle 350-355 but above that move upto 390-395.

BANKINDIA (461) - Above 460 upmove to 490 & 511.

NF (5718) -  Levels remain same. support 5700 below that 5640, 5600 & 5555-5535. above 5700 next hurdle 5757-5787 but above that upmove to 5840-5860.

ORCHIDCHEM (318) - Repeat the 13th JAN. post once again. No need to explain, if you see the yesterday post. . It behaved exactly as posted, from 259 to 290 and made a high of 295 that to in a single day. Now what next ? today it may/may not take rest. But support 285 and next attack 315 and trade above 320 upmove continue to 344. So as posted it aleady once again attacked 315 now trade and stays above 320 upmove continue to 344

HCLTECH (511) - Posted on 20th Dec. above 447-457 going to attack 522_542. As expected after 457 it moving up and already made a high of 517. Timebeing going to top out this level between 522_542 or optimum level to topout 566 therefore expect correction from ths level. Next rally.only if it  2consective CLOSE above 566.

GUJFLOURO (280) - As posted on 07th Jan. it is moving up on the expected line ie. from 230 it  already made a high 283 and expected target 301.   Most probably it is going to top out at 297-301.

BRFL (219) - Last hurdle 222 But if trade and stays above, shortly going to attack 255-260 minor resist at 232. In downside strong support exists at 202-198.

NF (5696) -  Hurdle 5700-5710 & 5757_5787  so below that,  downside targets are 5640, 5600 & 5555-5535. Above the hurdle, upmove possible upto 5840-5860.

OPTOCIRCUI (263) -  As posted on 13th jan above 242 upmove target 273 it is already made a high 267. now 273 is the hurdle and going to top out this level. But in case if it trade and stays above this level, then upmove continue to 322-326.  in between resist at 295.

ORIENTBANK (363) - As posted on 10th Jan it already attacked the down target 350. now above 355 upside target and hurdle 370-375. But trade above this level, upmove continue to 403_413.

JETAIRWAYS (606) - Yesterday post reminder : worst case low 600 but in case if it not take support here and if it is stays below, then go down to 507-503  in between minor support at 550

NF ( 5738) -  Hurdle 5757_5787 but above this move up to 5840-5860. Below the hurdle downside targets are 5650, 5600 & 5555-5535.

EVERONN (621) - Above 612 upmove only. go upto 655 & 675.

GITANJALI (208) - Strong Hurdle 214-218.But trade and stays above this level, upmove to 256_268.

HINDOILEXP (201) - Repeat the 12th Jan. post. Bottom out support 200-195. so above this expect pullback 223-228

JETAIRWAYS (627) -  It seems, yesterday bottomed out at 608 or worst case it may come down to 600. Now expect pullback to 680

SIEMENS (740) - Yesterday bottomed out at 733, hereafter in worst case it may come down to 725, if not support here, then only further fall. Now above 733 upmove to 781-791.

NF (5657) - Levels remain same. Hurlde 5700 & 5750-5770 below that come down to 5600 & 5555-5535.

LICHSGFIN (151) - Last hope 144-140 ( this was already posted here on 03rd Dec. itself when it was cum-split rate )   Now if not stays here, fall continue to 127-124.

RELIANCE (998) - As posted on 10th Jan. Below 1050-1040. yesterday exactly, it attacked the mentioned target 993. now what next ? If trade below 990 then 1010 becomes hurdle and expect in downside 960-950.

HINDALCO (225) -  Trade and stays below 220 come down to 200-196

HDFC (663) - Already bottomed out at 635. so hereafter further fall only if trade below 640-630 level. Now upside expect 690 & 710.

BPCL (585) - As posted on 11th jan. below 588 fall continue to 552

BIOCON (369) -  Last hope and strong support at 360-355. But below that ?

ABGSHIP (365) - Support 360-355. But trade and stays below that, come down to 330-325 and afterwards free fall continue to 280.

NF (5654) - Hurlde 5700 & 5750-5770 below that come down to 5600 & 5555-5535.

AXISBANK (1202) - See 11th Jan post no need to repeat.

HDFCBANK (2050) -  No need to repeat, see 11th Jan post. the levels still maintained.

M&M (740) - Last hope 730-720 but below that come down to 688-680.

MARUTI (1270) -  As posted on 06th Jan, range 1375-1475 If trade below this range, expect  Rs.100/- fall. as expected already it came down to 1263. Now what next ? Below 1300, fall continue 1200-1190.

OPTOCIRCUI (231) - As posted on 13th Jan, it unable to move above 242 and now if trade below 228, come down to 212