MURUGAVEL

BHARTIARTL (344) - Almost in the last one year it struck in a trading range of  Hundred rupees so any body want to play in this stock do it accordingly so now the range is  Resistance 350--375 Support 300-275 Trade and stays above / below only next move otherwise this is the range to trade.

JSWSTEEL (742) - Posted on 19th Sep. "Above 660-640 upside target 725-750" as posted as on last Friday it complete the up move when it made high 748.  Now what next ?  Going to top out 748---768  and expect fall  minimum  717-708  and optimum  680-670 in case trade and stays above 748-768 only  ready for next up move that take it to 880-910

SUNPHARMA (566) - Face once again resistance at 575---595 but trade and stays above that next short term upside target   680-690 with in between resist at 625-635

TATACHEM (248) - Resistance 250-255 But trade and stays above that upside target 292-302

TATACOMM (186) - Support 183-178 Above that upside target 223-228 in between resist exists at 198-203

AJANTPHARM (761) - Already before bonus it went up to 1179 on 19th July and from there corrected up to 716 on 28th Aug. and now after 1:2 bonus, on ex-bonus basis, last Friday it broken the previous high when it made high 799.  Now it seems going to top out at 825--845 But it case trade and stays above this level,  next short term upside target 1090-1110

NF (6145) - on 16th Sep posted the upside target 6080-6110, yesterday gap up open and morning itself it made high 6117 (that is above the mentioned upside target) but afterwards it corrected but never go down below 6080 and intra day it repeatedly made low and took support 6080+ and afterwards it made high 6174.80 and closed at 6142 now what next ?  so now support 6110-6080  above that upside target and hurdle or even top out 6230-6260 But below the support next in down side 6030-6000 & 5940-5920

BANKNIFTY (11148) - Posted on 06th Sep. "target and resistance 10100-10255" this target attacked on 10th Sep and afterwards in the last three days it hold above 10100-10255 range and yesterday it zoomed to 11219 Today RBI policy Hold  above 11025-10880 next upside target and   Top out  at  11800-12000 below 11025-10880 next in down side 10100-9900

NIFTY (6115) - After seeing the recent movement that is from 5119 to 6142 that to with in 15 trading sessions, naturally everybody searching for the top out number. but i don't see any particular number for top out.  This top range is 7 years old  that is we are seeing this 6000+ range since 2007 on wards. So now the target and hurdle 6200-6400 In case if real break out happen  then we may see  minimum upside target 7300-7400,  optimum upside target 8100-8300  and  Ultimate upside target 10300-10600 If the targets are so high, then we need big confirmation then only we can rely on the break out. So if break and stays above 6200-6400 only, above mentioned upside targets are possible  (weekly and monthly close are must) Otherwise this is the top out and/ or  may spike and touch 6594 (+/- 1 %)  and from there once again down ward journey going to starts...  and as usual down sid...

NF (5931) - Day before yesterday  said here,  below 5920 first down side target 5750-5710 but it not at all come down below 5820 but  yesterday it broken 5920 and closed at 5931 so as said in the same post above 5920  already mentioned upside target of  6080-6110  remain same (so technically yesterday itself, traded and stayed above  5920 so today gap up may be straight away the mentioned target (because of no tapering now news from FOMC )

TATASTEEL (290) -   It seems Recent correction from 319 is over yesterday when it made low 285  so now 290-285 is support above that once again go up to 320-325  and in case trade and stays above 320-325 will gain more strength for up move...

HAVELLS (612) -   Posted on 12th Sep "Face resistance 648-653" but above that upside target 705-710 whereas on that date it went up to 664 but on that date itself it fell down and closed below the resistance and from there it come down and in the last two day it finding support at 606  So now support 610-600 above that first it face resist once again at 648-653   and if it trade and stays above that next in upside 705-710 

ITC (343) - Posted on 22nd Aug. Downside target 286-282 this down side target attacked on 28th Aug (it made low 285.20) and from there it is moving up and in the last 6 days it repeatedly attacked 340 level and yesterday closed above that also.   Now support 340-335 above that once again going to retest the previous high  that is upside target 378-384

JSWSTEEL (666) - Above 660-640  next in upside 725-750

NF (5862) - Yesterday it seems topped out formation happened So today if not move beyond 5920 confirm the top out  if it so then the first down side target 5750-5710 but trade and stays above 5920  already mentioned upside target of 6080-6110 remain same. (any way this week volatile movements (assumption trading) going to happen because of  FOMC meeting and RBI meeting.so any precise numbers may not hold. )

DLF (154) - MUST READ THIS INTERESTING MOVEMENTS AND IT  HAPPENED July 18th posted here and it was in simple term " resistance 160 and target & support 122" and after this post not one time but two times exactly resisted at 160 level and supported 122 level  that is  40 rupees movements with in one and half months but in real term it is more than 150 rupees movements that is  160  on 30th July to 120 on  06th Aug from 120 it moved to 160 on 14th aug.  and  from there it came down  to 121 on 04th Sep  and again from there yesterday attacked 162 and even from there corrected  up to 149 yesterday itself so two times up and two times down so totally 4 movements and each movement it gave 40 rupees.so totally more than 150 rupees movements. now what next ? All levels are remain same  that is resistance 160 -165  and in case if it trade and stays  above resistance next in upside 200-205 an...

BPCL (318) - Support 312-306  if hold then the upside target 344-354

BIOCON (327) - Support 327-323  But trade and stays below that down side target 295-285 in between support at  312-308

NF (5876) - So on 13th Sep. also it took support at the mentioned support level of 5850-5825 and from there made high 5908 and  closed at 5876. Support remain same at 5850-5825 and above that target and resistance 5940-5960 also remain same. and now in case trade and stays above 5940-5960 next in upside   6080-6110 but Below 5850-5825 next support  5780-5750 also remain same.

UNIONBANK (124) - Support 125-120 above that upside target 142---152

WIPRO (455) - Posted on 14th Aug "Upside target and hurdle 490-510" as posted it attacked the target and resisted at 500.60 on 03rd Sep. and from there till last Friday it corrected up to 450.95 Now what next ?  Support 450-435  But below that next in down side 405-395 &  370-365

YESBANK (281) - As posted on 10th Sep. It resisted at the mentioned level of 305-320 (made high 314 on 10th sep) and from there already corrected up to 274 as on last Friday.  now what next ?  It seems correction over so now support 280---265  above that  once again resist at 305---315  in case trade and stays above 305-315 next in upside 385 & 420 

CAIRN (320) - Support  320-315  above that upside target  340-345

CANBK (227) - Above 220-215 upside target 248-253

ALL ORDINARIES (^AORD) (5214) - As long as stays above 5200-5000  then the ultimate upside target 6300-6500

DAX (^GDAXI) (8509) - As long as stays above 8500-8100  then face hurdle 8900-9100 But above that ultimate upside target 12700

Dow Jones Industrial Average (^DJI) (15376) - As long as stays above 14600-14200  then the ultimate upside target 22100   S&P 500 (^GSPC) (1688) -  As long as stays above 1610-1550 then the ultimate upside target 2485

NF (5860) - Posted on 09th Sep. extended upside target 5825-5850 and beyond that  5940-5960 as posted it attacked in the last two days (in the last two days high was 5955) and from there yesterday it fell down to 5825 (that is previous resist become support)  and closed at 5867 so all mentioned levels are remain same  that is  now support 5825-5850 and  below that 5780-5750 upside resist remain same at 5940-5960 ( in case it if trade and stays above that in intra-day then will update via twitter) sum :  5960-5940    <<      5850-5825    >>     5780-5750 now this is the trading range if move beyond only next move. 

LICHSGFIN (187) - Posted on 05th Aug "last hope and support 150-140" whereas it repeatedly took support at 150+ (not one time but three times it took support at 150+) and from there now it is moving up and up to yesterday it made high 191.45  now what next ?  above 184-180 upside target 215-219

LT (818) - Posted on 23rd July "support 890-870 but below that down side target 660-640" as posted it broken the support on 24th July and from there fall started and it made low 677 on 28th Aug (Rs.17 shortfall for the mentioned down target) and from there bounce backed and up to yesterday it made high 832. what next ?  Now if trade and stays above 830 then 830-810 become support  for this upside target 915-935

M&M (827) - Posted on 05th Aug "last hope and support 835-805 but below that down side target 620-590" whereas after broken the support it came down to 750-740 range only and repeatedly took support almost three times and from there bounce backed and yesterday it attacked  835 now what next ?  mentioned resist remain same that 805--835 But in case trade and stays above 835 then  835-825 become support or even up to 805 for this upside target 909-929

PNB (497) - Posted on 21st June "below 700-690 down side target 400-390" on the posted date it made high 694.60 and mentioned down side target attacked on 04th Sep . (exactly it made low 400.20) and not only that it took support there and from there moved up and  as on yesterday it made high 500 now what next ?  face resist 510-520 but above that up move continue to 615-630

RAYMOND (229) - As posted on 10th Sep. yesterday it attacked the mentioned upside target of 225-230 (made high 232.45) now what next ?  Now if stays above 225-230 then up move continue up to 270-275 in between resist at 245-250

RELCAPITAL (350) - Resistance 348-352 But trade and stays above that upside target 407----420 in between resist exists at  377-382

HAVELLS (646) - Resistance 648-653 But trade and stays above that upside target 705-710 in between resist at 672-677

ICICIBANK (970) - Reminder post was posted on 04th Sep when it was trading at 780 "between 775-725 support zone only" as posted it took support and from there it moved up and yesterday it made high 982     (that is previous post (18th July) mentioned break down point.  ) now what next ?  already mentioned level remain same that is .. now resistance 980-1010 and once again expect in down side 900-885 In case trade and stays above 1010 only next up move 

CENTURYTEX (237) - Support 236-232  Above that upside target  270-274

AXISBANK (998) - Posted on 02nd Support "double bottom support at 790-770" as posted exactly took support (in intra-trade it made spike low 763 but on the same day itself closed at 800 that is on  04th Sep) and from there it moved up  and on 05th Sep. during trading hours updated via twitter about its upside and below is the embed of this tweet Axis Bank http://t.co/VzIVwR36wN / and immediate term 905-920 is resist but trade and stays above that next in upside 1009-1029 — MURUGAVEL (@murugavell) September 5, 2013 and as tweeted yesterday it attacked the mentioned target of 1009-1029 (made high 1025.70) and from there yesterday closed at 985 so now that was the resistance and if not move beyond once again expect 920-900 and beyond 1029 also face once more resistance exists at 1060-1090

ASIANPAINTS (445) - Support 435-430 Above that upside target  490-495

PFC (122) - Posted on 26th July "below 130-134 down side target 101-97" as posted it came down to 97.30 on 02nd Aug and from there bounce backed to 123 on 14th Aug and once again came down to 99.15 on 28th Aug and now once again bounce backed till last Friday it made high 122.70. Now what next ?  Above 124 once again face resist at 134-138  and above that next resist exist at 144-148

RAYMOND (193) - Already time being bottom formed at 175  so hereafter if it trade and close below that only next down fall  otherwise expect in upside  225-230

RELINFRA (366) - Posted on 21st June and once again remind on 05th Aug "below 302-298 next big down move" whereas both time it took support at around 310 level and bounce backed and now trading at 365 level.   what next ?  now resistance 365-375 But trade above that upside target 425-435 in between resist at 397-402

SBIN (1634) - Now face resistance 1650-1680 But trade and stays above that upside target  1830-1860

TITAN (227) - J une 12th itself posted last support 215-210 as posted it took support at this level (even though made low 200) and bounce backed to 289 on( 05th aug.) and from there fall started once again and took support at 215-210 level (made low 205 on 28th Aug) and from there once again  pull back is going on. what next ?  Now face resistance 235-240 But trade and stays above that  upside target  265-270

YESBANK (293) - After made low 216 till now made high 296 now face resistance 305-320 But in case trade and stays above that next in upside 385 &  420