MURUGAVEL

NF (4947) - All levels remain same :  Resistance  4940-4960 &  5000-5020 But Above 5020 upmove to 5120-5140    Support 4875-4855 & 4800-4780 But Below 4780 take it down to 4730 & 4604  

AXISBANK (1084) - As  posted on 16th aug. Below 1150 it came down to the in between support level of 1040-1020 ( made  low 1026). and from there pull backed to 1103 also. now above 1103 pull back rally can go upto and once again terminate at 1150-1175

BANKINDIA (319) - Posted on 19th aug. "Last hope and support 310-300" as posted last three days it repeatly supported at 300. so now the pull back rally can go upto 353-363

BATAINDIA (715) -  Already 16th aug mentioned upside target 713-731 now if not resist at 731 then upmove continue to 776

FEDERALBANK (347) -  Above 350-353 pull back rally can go upto 380-385

JSWSTEEL (672) - Support 650-640 and above 675 upmove to 695-710  and afterwards 740-750

RELCAPITAL (403) - As posted on 18th Aug.  It took support at the mentioned support zone 400-380 (made low 379).so now break and trade below this zone only next down move. otherwise this is pull back time. Trade above 411 Pull back rally can go upto 465-470

RELINFRA (450) - Above 445 pull back rally go  upto 488-492

SRTRANSFIN (602) - Once again support  590-570 and once again move upto 650-660  and afterwards 690-700

NF (4914) -  Immediate Support 4875-4855 & 4800-4780 Immediate Resistance  4940-4960 &  5000-5020 Below 4780 take it down to 4730 & 4604 Above 5020  upmove to 5120-5140

TATASTEEL (469)  - As posted on 09th aug. 'Below 500 it came down to mentioned down target 450-430 (made low exactly 450) now trade above 475 pull back rally go upto 500 but above that face strong hurdle at 525-535

TATAPOWER (1091) -  As posted on 16th aug. fall arrested at 1032 and alrady pulled back to 1099. Above 1100 pull back continue to 1175-1210

LOVABLE (502) - It is only a reminder. " 12th Aug post still valid and levels intact".

ICICIBANK (851) - Trade above 862 pull back to 900-910

GAIL (415) - Hurdle 425_445 and trade and stays below 410 take it down to 348-344

EDUCOMP (224) - As posted on 17th Aug "it came down from 260 to the mentioned down target of 215" even it made a low 210 also. now what next ? Last two days it took support around this level. so expect pull back 260_290

ARSSINFRA (294) - Posted on 12th May below 490 down target 340  now even trading below that also.  so next attack in downside 228

NF (4850) - Hurdle remain same at 4940-4960 and down target of 4730 & 4604 also remain same . now in between intraday support 4800-4780 Above 4960 again face resistance at 5000-5020

HEROMOTOCO (1994) - Even in this down market also, buying some stocks give rewards. this one is classical example. Posted on 16th Aug Support 1890-1880 and  upside  target 2000-2020. Exactly it took support at 1880 not one day but two days and last friday it attacked mentioned upside target of 2000. now what next ? either it going to top out here at 2000-2020  or at 2075-2095 But Trade and stays above 2100, then ready for next big upmove.

JETAIRWAYS (296) - As posted on 17th aug "below 385 first down target 280 and next down target 220" whereas last friday exactly it attacked the first down target when in made a low of 281 so trade and stays below 280 next target 220 intact. otherwise expect pull back from here.

JINDALSTEL (485) - Posted on 01st Aug "Below 600, Ultimate down target 412" whereas  till last friday it came down to 464. now what is in ? still the down target intact. but It seems timebeing bottom made at 464 so expect pull back upto 524-534

LT (1546) - Hurdle 1568 & 1590-1610 Below that come down to 1480-1460 that is the last hope and support But below that big fall going to happen

MCLEODRUSS (232) - Support 227 and  trade above 234, can go up to 246-248  & 258

PANTALOONR (276) - As posted on 18th Aug "below 280 it came down to the mentioned down target 262" and from there bounce backed  to 282 also" now what next ? Support remain same at 262-258  and trade above 283 can move upto 298 & 307

SESAGOA (222) - Posted on 25th Feb itself below 280 down target 224" it attacked the mentioned target on last friday when it made a low 216. now what next ? Last hope and support 220-210

TATAMOTORS (712) -  All mentioned down levels were attacked already now what next ? Last hope support 670-660

YESBANK (263) - Hurdle 272-276 Below that come down to 234-224 &  210

GERMAN-DAX (5480) -  World fourth largest economy but recent months worst performer in stock market in the world. It made a high of 7600 in May 2011 and last friday it made a low 5345 that is 30% fall from the high.  but still worst is not over Expecting probable bottom may be at 4930-4870

GOLD ($ 1852) -   The following Post was posted on 22nd Feb. 2009 regarding Gold   " GOLD may going to bubble (target $1800 to $2400 it is possible if it trade above $1200) with in 12 to 18 months period and after that bust like CURDE OIL"   Below is the GOLD weekly chart. After the above mentioned Feb. 2009 post, It took more than one year to break and close above $1200 (it closed above $ 1200 in May 2010) and from there, it started the northward journey and this week it attacked the mentioned target range when it made a high $ 1881 (it happened with in 15 months )  Recent momentum shows now we are entering the bubbling stage. In this stage,  it may spike even up to  $ 2400 . and it is going to be a high degree of momentum and high degree of volatile. But the ultimate result will be going to crack vertically. It may happen with in three to six months (t...

NF (4931) - All levels remain same Below 4960-4940 take it down to 4730 & 4604 in between intra day rest 4860 & 4820 Above 4960 again face resistance at 5000-5020 but above that go up to  5120-5140

HDFC (641) -  Last hope 625 but below that take it down to 580-570

GESHIP (226) - Hurdle 242 and trade below 210 take it down to 181-179

BANKINDIA (314) - Posted on 01st Aug "below 385-380 down target 310-300" as posted yesterday nearing the target made a low 312 . now what next ? As posted 310-300 is support and hope But trade and stays below that  another round of fall going to start that take it down to 228-224

ALBK (181) - Last Hope and support 175-173 But below that take it down to 130-126 in betweeen support 155-151

NF (5070) - Hurdle 5120-5140 and again at  5180-5210 Support  5020-5000 and again at 4960-4940 But below 4960-4940 take it down to 4730 & 4604

BFUTILITIE (465) - Posted on 08th Aug . "below 616 down target 460-450" as posted yesterday it attacked the down target when it made a low of 421. now what next ? if stays below 450 then fall continue to 270-260

JUBLFOOD (947) - 02nd Aug. post repeat once again Support 886-870   above this upside target 925-945 & 995   Top out at 1030-1050

ORCHIDCHEM (203) - Hurdle 215-225 It seems pull back over at 213 so now once again come down to 169-165

PANTALOONR (288) - Support 280 but below that come down to 262-258

RELCAPITAL (413) - Posted on 03rd Aug. "below 512-502 down target 411-401" as posted now attacked the mentioned down target when it made low of 404. now what next ? Support zone 400-380 but below that ultimate target in down side 144-140 in between support exists at 280-270

SBIN (2170) - Repeat the 26th may post once again. support 2140-2110 below that down target 1986-1966 but below that fall continue to 1711

SINTEX (138) - Last hope and support 138-135 Trade and stays below that , going to attack in down side 92_81 in between support 122-120

TATAMOTORS (778) - Posted on 08th Aug "below 870 down target 770" as posted yesterday it attacked the mentioned down target when it made a low 772. now what next ? If not take support at 770 then fall continue to 748 & 724

VIPIND (840) - Posted on 12th Aug "above 760 upside target 835" as posted it moved and attacked the upside target and even closed above that also. now what next ? If stays above 835-825 upmove continue to 898-908

WIPRO (344) - Last hope and Strong support 336-332 Next down fall below that only Trade and stays below that take it down to 254-244

NF (5040) - All levels remain same now Resistance 5050-5070 and  Hope and Support 5010_4960 But below that take it down to 4730 & 4604 Above 5070 upside hurdle also remain same at 5180-5210

JETAIRWAYS (350) - Posted on 22nd june and reminder on 11th Aug. the posted levels are remain same and intact. "  Last hope and support   405_385 But below that down target 280 & 220"