MURUGAVEL

NIFTY (5640) - On 29th aug. written here, top out 5550 and downside support 5350 and above 5550 upside target 5645. yes both levels (exactly 5350 & 5645) targets are attained in the last two weeks itself. Now What next ? If stays above 5645, next attack in upside 5745 and after that ultimate target 6014. If unable to stay above 5645, then in downside supports exists at 5550 and after that 5350. Once again repeat the previous post write up, If 2consecutive close below 5350, then only major trend reversal possible.

This Week (06 to 09 September) 17 calls given. Now review, how they performed : wockpharma : as posted from 239 to 292 kec : as posted perfectly resisted at 545 and supported at 480 escorts : as posted resisted at 220 corrected to 208 godrejind : as posted from 210 to 245 still more to go axisbank : as posted still not break the resist 1380-1400 level waiting tatasteel : as posted above 588 waiting for the target all 11 calls posted on yesterday are waiting for move in their respective direction