MURUGAVEL

NF (5551) -  Now support 5533-5503   If stays above that, then  upside continue and next target in upside  5702-5732 But below that support, next level in downside 5422-5392.

FEDERALBNK (434) - Short term break out 423  so above that short term upside target  522 in between resist at  466-477

.EDUCOMP (236)  - If not take support at 233-230 then fall continue to  212 & 205

CENTURYTEX (330) - As posted on 06th Feb. "above 279-286 upside target 330-340" yesterday it attacked the mentioned target  (made high 333). now what next ?  Resistance 330-340 But trade and stays above that,  then ready for another big up move that take it to 452-462

. BGRENERGY (295) - As posted on 07th Feb "above 255 upside target of 280 attacked yesterday and even it made high of 301 also. what next ?  Resistance 300-304  But trade and stays above that up move continue to 350_375

  AXISBANK (1221) - Posted on 10th Feb "above 1137-1147 upside target 1197-1227" as posted yesterday it attacked the mentioned target (made high 1230). what next ? If trade and stays above 1240 then up move continue to 1340-1370

NIFTY (5532)  -  It made low 4531 on 20th December 2011 and from there today it made high 5542. That is 1011 points moved up with in 41 trading session. It seems it is because of FII pumping the money in the market. FII  investements data for the past 41 days says so. But i suspect it is not because of FII but in the name of FII, one portion of money,  flow of illegal funds from   tax havens such as   Mauritius ,   Switzerland , Lichtenstein, British Virgin   islands   etc .   (indian black money) , which was parked earler in that countries by indians. But as such, now enjoy the rally till it technically fizzled out

NF ( 5452) - All levels remain same : Support 5422-5392 above that up side target 5503-5533  &  5553 and below that  down target 5330-5300

M&M (717) - Once again remind the post dated 06th Feb. all mentioned levels remain same.

RELCAPITAL (424) - As posted on 01st Feb. "above 380-385 upside target 427-437" as posted up to yesterday it made high 427. now what next ?   Now trade and stays above 427-437 then up move continue to 463-469

SBIN (2200) - Already posted on 02nd Feb itself. All mentioned levels are remain same.

TATAMOTORS (268) - Last hurdle 277-282 Trade and stay above that next big move going to happen... above that first attack 295-299 and afterwards 320-324 Will post the big target levels, once it attack the above mentioned levels.

UNIONBANK (256) - Hurdle 260-264 Trade and stays above that up side target 350-365 in between resist at  280-290

WOCKPHARMA (464) -     Strong hurdle at 472-482 But trade and stays above that next attack  545-565

ABAN (534) -  It seems downside correction over and now ready for  another up move. Now If not break 526-522,  once again move upto 555-565  and  if stays above that, then  next attack 626 In between resist at 598-604

NF (5415) - All levels remain same : Trend decider  5392-5422   Above that upside target  5503-5533   and  below that down target  5330-5300.      

INDUSINDBK (327) - Last hurdle 328-334 Trade and stays above that short term up side target 412-418

BRITANNIA (518) -  Last hurdle 535-555 But two close above this level, Positional  upside target  774 In between resist at  626-636

BANKBARODA (821) - Strong Hurdle 835-855 But trade and stays above that short term up side target 1006-1036

AMARAJABAT (277) -  Breakout 265-255 Two close above this level confirm the Positional target of  486 In between resist at 320-334

ADANIENT (373) - As posted on 19th Jan. exactly it topped out at 445-456 (made high 456 on 20th Jan) and from there, up to yesterday,  it crashed to 370. what is in ? Below 388, on going fall continue to  332-322

Indians are the largest depositors in banks abroad with an estimated 500 billion US dollars (nearly Rs 24.5 lakh crore) of illegal money stashed by them in tax havens, the CBI Director said today. India , in particular, has suffered from the flow of illegal funds to tax havens such as Mauritius , Switzerland , Lichtenstein, British Virgin islands etc. "It is estimated that around 500 billion dollars of illegal money belonging to Indians is deposited in tax havens abroad. Largest depositors in Swiss Banks are also reported to be Indians," CBI Director A P Singh said speaking at the inauguration of first interpol global programme on anti-corruption and asset recovery. He said getting information about such illegal transactions is a time taking process as investigators have to peel each layer by sending judicial requests to the country where such deposits have been made. "53 per cent of the countries said to be least corrupt by the Transparency Internation...

NF (5388) -  All levels  are remain same : Resistance 5392-5422 But above that upside target  5503-5533 and  below that down target  5330-5300. {  5533-5503 << 5422-5392 >> 5330-5300  }

PNB (1008) -   As already posted here Hurdle remain same 1005-1025 But in case trade and stays above that upside target 1114-1134 In between minor resist at 1075

TATACHEM (357) - Trade and stays above 360-364 Up side target 419 in between resist at  371-378  &  388-394

TATASTEEL (475) -  Face resistance 482-492 But above that up side target  529-539

WIPRO (449) - As posted on 26th Dec. and reminder on 04th Jan. It took support the mentioned level of 392-390 and last friday it attacked the mentioned upside target of 445-455 (made high 450 ) what next ? Trade and stays above 455-445 then up move continue to 490-500 otherwise expect correction from here.

NF (5449) -  Now Support 5422-5392 Above that upside target 5503-5533 But below the support, down target remain same at 5330-5300

JINDALSTEL (603) - Hereafter if it maintain the support of 602-582 Then the short term up side target 750-770 in between minor resist at 630-640

JINDALPOLY (238) -  Last hurdle 242-246  But Above that short term upside target 345-350 in between resist at 260-264 & 284-288

HDFCBANK (522) -  Above 520-500 short term upside target 638 In between resist at 560-570

CAIRN (382) - Hereafter support exists at 370-360 and Trade above 395-400 short term upside target 495 in between resist at  436-441

BIOCON (287) - Above 284-280 up side target 313 &  328-332 minor resist at 296-299

AXISBANK (1134) - Above 1137-1147 up move continue to 1197-1227

NF (5396) - All levels are remain same : Support  5330-5300  and Resistance  5402-5432   But below the support  next level in downside  5235-5205

RELINFRA (591) - See post dated 20th Jan. "above 500 upside target 620 and 650-660" REMINDER : TILL YESTERDAY IT MADE HIGH 597

BFUTILITE (433) - See post dated 17th Jan "as posted it moved from 305 to 436-446" (yesterday made high 441 now what next ? as posted resistance 436-446  But in case trade and stays above  450  up move continue to 499-509

BANKINDIA (368) - Support 355-345 Above that upside target  434-447 In between resist at  387-397

ACC (1385) - As posted on 03rd Feb. It reached the  mentioned target of 1390-1430 (yesterday made high 1393). Expect timebeing correction from this Level  of  1390-1430 And Hereafter, in downside  Strong support exists at  1315-1290 As long as stays above that now the positional upside target  2265

NF (5358) - All levels are remain same : As posted yesterday it seems timebeing topped out. for this top out if today follow up comes, then expect decent corrrection. Support  5330-5300  and Resistance  5402-5432   But below the support  next level in downside  5235-5205

RELCAPITAL (375) -  See post dated 01st feb. as posted first upside target reached and all levels are intact. now If not move beyond 380-385 then expect correction 349-344 & 329-326

SRTRANSFIN (587) - If not move beyond 596-601, then expect correction up to 550-545 & 530-525

TTKHEALTH (457) - Last hurdle 475-490 But trade and stays above that upside target 585-600

NF (5361) -  Once again repeat yesterday post. (Either today(monday) or tomorrow (tuesday) timebeing top out going to happen between 5400-5450 if not happen then this become support and may expect another 400 to 500 points rise even from here . ) Now let see the levels : Support  5330-5300  and Resistance  5402-5432 But below the support  next level in downside  5235-5205

JSWSTEEL (745) -   See post dated  02nd Feb. As said,  now if stays above 746-724   short term upside target 1010-1030 in between resist at 853-883

JINDALSWHL (732) -  Above 700-675 short term upside target 995-1020

EDUCOMP (242) -  Posted on 11th Jan. all levels remain same and intact.

CANBK (511) -  Above 500-495  last hurdle 530-540 But above that upside target 653-668

BHUSANSTL (369) - Support 365-360 Above that upside target 426-439 in between resist at 395-400

BGRENERGY (246) - Trade and stays above 250-255 upside target 275-280