NF (5608) - Repeat once again no change in levels. Now Support 5560-5540 Face strong hurdle at 5613-5633 in case trade above that, upmove continue to 5715-5735 Below the 5560-5540, take it down to 5465-5445 & 5405
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Showing posts from June, 2011
Pantaloon Retail (India)
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PANTALOONR (302) - As posted on 24th June it took support 265-260 (made low 262) and from there already moved up to 302 now what next ? 2consecutive close above 302 warrented to big upmove Already posted on 16th june itself what happen if it trade above 312 so as posted last hurdle 312 above that upmove to 365-385 intact.
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NF (5484) - So many times repeated here the importance of 5200 level. when the support comes here, the upward moment is like that only (that is what happened on last friday) so no need to surprise the upmove now what next ? Support 5465-5445 but below that it going to correct upto 5410-5400 and afterwards 5360-5340 above 5465-5445 upmove continue to 5540-5560
State Bank of India
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SBIN (2286) - As posted on 26th may and reminder on 17th June "below 2450 down target and support 2140-2110" As expected last week it attacked the support level not one day but three days (made a low 2120) and from there last friday bounce back started and already it moved up 2298. now face resist at 2385-2405
Tata Coffee
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TATACOFFEE (748) - As posted on 15th Mar and 28th Mar. it topped out at 1027 and came down to mentioned down target 769 and for that it pulled back to 884 and now closed below the down target. Now what next ? Below 780-770 down move continue and going to attack in down side 654 in between support at 707.