MURUGAVEL

NF (5037) - 5025 support. above this, already mentioned, take it to 5072-5092 and after that if trade and stays above 5115 then only next upmove.. below 5000, Downside supports are remain same 4965 and after that 4925.

ABAN (716) - As per last post, above 690 target of 770-780 intact , now if trade above 725 it confirm the target once again.

EDUCOMP (482) - As expected, already it took support at 440 and bounced back from there. now the immediate target of 500 is intact and after that next attack 548.

JUBLFOOD (285) - above 286, take it to 294 and after that 312-318. ( this is already posted one, just reminder only)

MPHASIS (580) - below 606-616, already down targets are posted, suppose if it take support around 565 then expect a pullback 585 & 597. but trade and stays below 565-560, down targets of 520-510 are intact.

SESAGOA (374) - several times posted here and moved as expected, so no need to repeat. now what next ? face hurdle at 392 and above that 418

STER (682) - As per previous posts, below 700, already it attacked the down target 600 (low 601) and from there it bounced back and reached first up target 665 also. Now What next ? Now face hurdle at 698 and 707.

NIFTY (5067) - Above is the weekly chart. For the last three corrections, whenever it correct from the high, downside correction was arround 12% from the highs and at the same time upside highs are coming down in percentage wise.(zoom it, get the clear picture). As per last post, Close below 4800, next downside targets are already given. Whereas it came down to 4786 and did not close below 4800 therefore until close below 4800, timebeing this is the bottom, from there it bounced back and already closed above the first resistance of 5060. Now what next ? Above 5060, optimum upside possible is 5200-5220. But if close above this level, will post when it occures...

NF (4985) - 5025 hurdle. trade above this level take it to 5072-5092 and after that if stays above 5115, optimum upside attack 5250-5260. support 4965 and after that 4925.

FEDERALBNK (327) - If take support 324 and break 330, take it to 336 & 344.

DIVISLAB (719) - Trade and Stays above 730-734, take it to 790-800

AQUA (454) - As per last post, ultimate target 474, whereas yesterday it went upto 472 and closed at 454. It seems Topped out. If trade below 448, expect correction upto 423 & 406 and after that 370 & 345.

MPHASIS (599) - Below 606-614 weak. come down to 565 and after that 520-510.

NF (4909) - if trade above 4910 and break 4925 then it move to 4975. in downside it take support at 4880 and below this level 4855-4835.

SESAGOA (325) - Above 321, take it to 336 and after that 346. downside support 312-308.

ACC (830) - As per last post, once again remind 825-815 support . But trade and close below this level , then it crack to 710-690 and after that 640-630.

NF (4816) - above 4816, resist at 4856 and after that 4910. but trade below 4816, take it down to 4765 & 4734 and after that 4679.

BOMDYING (481) - Two close below 498 (one more close require)and stays below 498, targeting to 450 and after that 355-345.

EDUCOMP (450) - As per last post, below 548-538, downside target and strong support at 455-435 level whereas yesterday it came down to 447 and closed at 450. Now what next ? support level of 455-435 is intact, expect pull back 470 and 500.

GRASIM (2319) - As per previous post, below 2530, down side first target 2250 whereas yesterday it came down to 2236 and closed at 2319. Now what next ? above 2310 may go upto 2370-2395 and above this level 2460.

NIFTY (4807) - As per last post, pulled back 5030 instead of 5040 and now reached the 4800 target. Hereafter what next ? If trade and CLOSE below 4800, then next attack 4655 but TWO CLOSE below 4655 then the ultimate target in downside 3950 - 3700.

NF (4912) - Resistance are same 4975 and above this level 5025. downside levels are 4875-4864 and after that 4830-4816.

SESAGOA (338) - As per previous post, 332-330 is support , In case, if trade and stays below this level then take it down to 312-308 and after that 285. (intra-day support 324).

TATASTEEL (501) - As per previous post, 492 support remain same. But trade and stays below 487, then it take it down to 450 & 433-430. (intraday support 476)

NF (4927) - support 4905-4895 & 4864. upside resist at 4975 & 5025 and after that 5114-5124.

BAJAJFINSV (457) - As per previous post, Topped out target between 545-565 and expected ultimate down target 425. whereas it topped out at 558 on 17 may 2010 and last friday it came down to 430 and closed at 457. Now What next? If stays above 444-440, then it take to 475 & 490-495.

ACC (863) - As per previous post, below 875, down side target 825-815 whereas last friday it came down to 825 and closed at 863. Now What Next ? If trade above 844, take it to 885 & 900 and after that 915-925.

ABAN (681) - As per previous post, below 1040, first down target 640, whereas last friday it came down to 650 and closed at 681. Now What Next ? If not break 650-640 and trade above 690 , timebeing expect a pullback upto 770-780

JUBLFOOD (278) - As per previous post, below 286, bottom out target 250-245 whereas last friday it came down to 251. Now What next ? If trade above 286, take it to 294 and after that 312-318.

PIRHEALTH (503) - As per previous posts , ultimate targat 601 & 614 where as last friday it attacked 600 after that it crashed to 488 and closed at 503. Now the news is out with record volume, so hereafter, within few days, the charm in this stock going to come down. upside hurdle 560, in downside, if break and trade below 473 , take it down to 445-435.

SESAGOA (341) - As per previous post, below 358 down target 332 whereas last friday it came down to 330 and closed at 341. Now What Next ? It seems bottomed out at 332-330. now upside target 348 & 366 and after that 391.

STER (642) - As per previous post, below 700, downside target 600 where as last friday it came down to 622 and closed at 642. Now What Next ? If not break 628-622, then move upto 655-665 and after that 700-707.

TATAMOTORS (710) - As per previous post, below 714 down side target 686 & 665-660 whereas last friday it came down to 677 and reversed. Now what next ? Above 714 , take it to 729 and after that 745-755. Down side supports are remain same 686 and 665-660.

TATASTEEL (509) - As per previous post, below 517, down target 492 but it came down to 487 and closed at 509. Now What next ? above 503, take it to 524-530 and after that 557. Support remain same at 492.

WIPRO (642) - As per previous post, last hope 630-620. last friday low 626. Now What next ? Above 642, take it to 660 & 687.

NIFTY - As per previous post, Close below 5040, next attack 4800. Whereas, last friday it came down to 4842 and closed at 4931. For the time being, fall arrested and expect a pull back. Now the upside pullback targets are 5040-5060 and after that 5120-5160. Down support remain same at 4800.

NF (4948) - now hurdle 4900 & 4950, down side targets are already mentioned ie., 4830-4816 and if not support here, then next attack 4734.

FEDERALBNK (319) - It seems Topped out yesterday at 324. if spike, optimum upside 328-330. now any time correction starts....

AREVA (248)- Resistance 255 and trade below 246, come down to 227-225 and after that 192

AXISBANK (1208) - If Break and Stays below 1182, take it down to 1128 and after that 1065-1045.

JETAIRWAYS (496) - Trade and Stays below 486-484, come down to 460 and after that 412-402.

NF (4925) - 4985 & 5050 becomes resistance. Trade below 4900 take it down to 4860 and 4830-4816, if not support here, next attack 4734

JINDALSTEL (618) - Already double bottomed at 600. once again the support is same 600. But break and close below this level next down side targets are 560-550 and after that 450.

ICICIBANK (824) - Now 852-860 becomes hurdle. come down to 790 & 775.

HDFC (2674)- Below 2691, come down to 2562 and 2520-2500.

EDUCOMP (554)- As per previous post, downside target of 548 almost reached (yesterday low 550) Now What Next ? now the support level 548-538 If break this level, then fall continue to 501 and after that take very strong support at 455-435 zone.

RANBAXY (423) - As per previous posts support of 433 already broken. Now what next ? so hereafter 433-436 becomes resistance. and come down to 412 & 396.

RELCAPITAL (635) - As per previous post, below 670 come down to 623 and after that 600 are intact.

STER (638) - As per previous post, below 700 dowside target 600 and if not take support around 600 then next downside attack 545 are intact.

TATAMOTORS (715) - Below 714, take it down to 686 & after that 665-660. upside hurdle 745-755.