MURUGAVEL

COROMANDEL (165) - Posted on 22nd June  as " bottom formed at 225 and now above 250-260  upside target 304-314" After this post it made high 255.95 on 29th June and broken the support of 225 on 11th Aug. from there, it fell down and touched the low of  151.70 on 29th Sept. and now at 165. *** It seems bottom formed  now up target 225--250 (some accumulation happened at the bottom)

BLISSGVS (196) -  Resistance 202-212 But above that  Upside target 272-282

REPRO (370) - Regarding this stock, last update was on 06th Nov. 2011, when it was traded at 191, and said as " Hereafter Support 150-140  Ultimate upside target 573 It may happen on or before year 2014" Whereas, after this post, it made low 117.25 on 17th Oct.2013 from there, upside rally started and attacked the mentioned target,not in 2014,but in 2015 , touched high 610 on 19th May 2015.  That means, from low to high , it made 4 times in less than 2 years,  *** Now what next ?  Last Friday it touched low 365. It seems correction over (at most) Now hold around this level Pull back target 510 ** Below is the monthly chart  Click the chart to get the zoom view. Suppose correction continue, then next  strong support exists at 260-240

EIDPARRY  (140) -  After 11 months continuous fall, from the high of 248, it seems, the fall came to an end last month. so now  It won't break and close below 123  and will go up to 185 

DISHMAN (370) - Posted on 02nd June as " Support 140 But below that  down side target and support 120-115" After this post, on 03rd June , it made low 126.30 ,from there rally started and on 06th Oct it made high 389.50  that means, in the last four months time frame it moved up by 209 % *** now what next ?  It seems, on going rally come to an end (at least for time being )   and it is time for correction  Correction target  335 & 295--275 if at all break the recent high 390,  face resist at 400-410. In case if break and trade above 400-410 next strong hurdle at 445--465

NIFTY (7951)  - Already said, resist remain same that is, In upside, Resist @ 8050-8100,  in case if it violate ,  then next target and resist @  8190-8210  and  above  that   8380-8420 In down side, Support @ 7880-7855 and below that 7725-7675  But below that recent low going to break...

The followings are the highlights of  Reserve Bank of India Governor Dr.  Raghuram Govind Rajan's    recent  interview to a channel Central bankers have shown that they can be pragmatic, have to be pragmatic We are dealing with scenarios that India hasn't seen before, economy is much more integrated today You have to figure out what's right and do it, without relying on long traditions or without appealing to ideology That's why labels are not very useful There is time when you want to establish credentials for perhaps fighting inflation But over time other factors come in. For example situation of global economy Don't think I have silenced critics with 50 basis point cut, I don't think that was the aim We were looking at the state of the economy and see what we can do best at particular moment, keeping in mind long-term objective of keeping inflation under control We did what we thought was responsive to ...

TVTODAY  (275) -   Posted on 22nd Jan 2015 as "S upport 230-225 Above that immediate upside target 260-265 but the  ULTIMATE UPSIDE TARGET 360-370 **** After this post, It made high 262 on 20th Feb., from there corrected up to 165 on 12th June and from there it is moving up and yesterday it broken the level of 260-265 So now Support 265-255 above that  ULTIMATE UPSIDE TARGET 360-370 (this target was already posted on 25th Aug. 2014 itself) in between resist at 316-320  *** In simple term : Hereafter it should not come below 255 and should go to 360 

WOCKPHAMA (1413) - Posted on  07th Sept as " Support 1220-1170" after this post, on 08th Sept. it made low 1125 but closed at 1187 that means took support at the mentioned level. From their, it went up and made high 1462 on 16th Sept. and yesterday once again made high 1456. Now what next ?  Resistance 1455-1475 and once again support 1220-1170 But in case trade and stays above 1455-1475 next in upside 1605-1635

BHARTIARTL (333) - Hope and support  336--326 But trade and stays below that  down side target 284---264 and afterwards 220--210

ADORWELD (270) - Posted on 06th July 2014 and said target 390-410 , after one year on 15th  July it went up to 325 only so target not met.From their it corrected up to 215 on 24th Aug. and now at 270.  Now what is in ?  Support 242--222  &  202-192 Above that upside target  390-410 & 515-535 and afterwards  ULTIMATE UPSIDE TARGET 970-990

WALCHANNAG  (132) - It seems, fall arrested and supporting at the crucial support level.  so now Support 132---112 *** Let us see after few months.....