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Showing posts from September, 2011
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NF (5036) -   Support 5000-4980 Above that upmove target 5090-5110 ,  5160-5180 & 5228-5248 Below 4980 take it down to 4920-4900  & 4860-4840

VIP Industries

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VIPIND (908)  - Posted on 09th Sep. "Timebeing top out 1010-1030 and for this down target 910-890" As posted it topped out at 1025 on 21st sep and yesterday it came down to the mentioned target, when it made low of  901. Now what next ? Support 910-890 But trade and stays below that  down move continue to 825-815

BF Utilities

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BFUTILITIE (468) - Now if not break 460 , once again pull back to  495-505 but trade and stays below 460 take it down to 427-407

Dr. Reddy's Laboratories

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DRREDDY (1490) -  Today if close below 1480-1465 down move starts.. For this down target already mentioned on 29th Aug. itself.

Gitanjali Gems

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GITANJALI (346) -  Posted on 08th Sep. "Hurdle 325-335 but above that upmove target 365-375" as posted above that hurdle it went upto 372 on 21st sep and yesterday it came down to 332 and closed at 346. so now the trading range Support 335-325 Resistantance 365-375 Below support, take it down to 310 & 292-290 Above the resistance, face last hurdle at 390-400 but above that ready for next big upmove

Pantaloon Retail (India)

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PANTALOONR (206) - Posted on 15th Sep. "below 262-258 down target 206-204" as posted yesterday it attacked the mentioned down target of 204 (made low 203) what next ? Last hope and Support 210-200 But trade and close below that,  marching towards a big down fall. for this, Ultimate down target 92 Hereafter in upside face hurdle 235_255

Jet Airways (India)

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JETAIRWAYS (248) - Posted on 08th Sep. "Hurdle 309-316" as posted it made high  309 on 08th sep. and from there it falling down and yesterday made low 246. now what is in ? Below 250-245 on going fall continue upto and  down target 195-190 minor support 220

JSW Steel

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JSWSTEEL (571) -  Posted on 23rd sep." Resistance 645 and down target 567". As posted, On 23rd sep it made high 643 and yesterday it made low 567 now what next ? Hereafter hurdle 590-600 & 640-650 below that ulimate down target 487-477 &  442

Larsen & Toubro

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LT (1404) - Hereafter upside hurdle 1460-1480  and 1550-1570 This round ultimate down target 1067-1054

Reliance Infrastructure

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RELINFRA (410) -  Click here to see the 09th Aug post for ultimate down target.  In fact after that post two times it went upto 492 and fell down and now nearing the recent low of 402. now below 402  posted down targets are intact. 

Sintex Industries

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SINTEX (140) - Already posted on 18th Aug. itself. It is only a reminder. All mentioned levels are intact.

Sun TV Network

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SUNTV (262) - Last hope and support 260-250 Trade and close below that going to attack in down side 145-135

Tech Mahindra

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TECHM (582) - On 26th July posted here "TOP OUT 790-800". As posted on 27th July it made high 798 and from there falling down and yesterday it made low 576. so already it crashed Rs.222/-(ie. -28%)  but still yet to find the bottom. now what is in ? expect in  downside  504 & 487-477 In between 557-551
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NF (4983) -  No change in levels.                   5180-5150  <<  5070-5050  <    4955-4925   >   4810-4790   >> 4720- 4690

Infosys

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INFY (2444) - Already mentioned on 30th Aug. upside target 2440-2470 yesterday it made a high 2468 now what next ? If trade and stays above 2440-2470 upmove continue to 2590-2610

Hero MotoCorp

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HEROMOTOCO (1992) - Click here to see post dated 14th Sep. As posted exactly it resisted at  2222 on 16th Sep. and day before yesterday exactly it came down to the mentioned down target 1954. now what next ? As Such correction over at 1980-1950 so hereafter trade and close below that only next down fall.

DLF

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DLF (218) - Above 215-212 going to attack in upside 238-242

Bank of Baroda

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BANBARODA (811) - Click here to see post dated 16th Sep. Mentioned levels are intact.

ACC

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ACC (1091) - Click here to see post dated 08th Sep. Mentioned levels are intact.
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NF (4844) All levels are remain same : 5070-5050  <<     4955-4925  < 4810-4790 > 4720- 4690 >>    4630- 4600

Tata Steel

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TATASTEEL (435) -  Timebeing bottom 420-415 But below that 345-325 in between rest at 390

Sesa Goa

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SESAGOA (199) -  Posted on 05th Sep. "Hurdle 235-240"  after this post on 07th Sep it made a high 239.80 and from it falling down and yesterday it made low 195.60. now what next ? Timebeing bottom 195-190 so next down fall below that only Trade and stays below 190 going to attack in downside 150_140

Bata India

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BATAINDIA (640) - Already posted on 14th Sep. itself. therefore no need to repeat. in between minor support 594 but ultimate 560-550

Bank of India

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BANKINDIA (301) -  Timebeing bottom 290-287 stays above upmove 325 & 340 But trade and stays below 290-287 take it down to  242-239

Axis Bank

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AXISBANK (1056)  - Support 1040-1020  Resistance 1150-1160
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NF (4865) - Hurdle  4925-4955 Support  4810-4790  and ultimate 4630-4600 The complete levels are : 5070-5050  <<  4955-4925   > 4810-4790 >> 4720- 4690 >>  4630- 4600

Follow me on Twitter

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For the last few months i received so many request mails regarding micro blogging in twitter particularly during trading hours apart from this website updates. I am hesitating to tweet  due to time constraints but repeated requests changed my mind so i planning to tweet whenever time permits during trading hours. Follow me on Twitter twitter@murugavell

Larsen & Toubro

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LT (1451) - As posted on 15th Sep Below 1610-1590 last hope and support 1480-1460. Last friday it came down to the target and closed below that also. now what next ? Hurdle 1460-1480 & 1570-1590 Below that ultimate down side target for this round 1070-1050 in between rest at 1390-1370

Mahindra & Mahindra

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M&M (775) -   Trade below 765 take it down to 715-710

Maruti Suzuki India

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MARUTI (1090) - If see the previous posts of maruti, no  need to explain expect the following range. Support 1040-1050  and Resistance 1150-1175

Opto Circuits (India)

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OPTOCIRCUI (232) - Click here to see the post dated 19th Sep, All mentioned levels are same.

Oriental Bank of Commerce

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ORIENTBANK (280) - See posted dated 09th Aug. it is only a reminder. now trade below 275-270 take it down to 245-240 and afterwards come down to the already mentioned ultimate down target of 202-198

Shriram Transport Finance Company

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SRTRANSFIN (603) - As posted on 05th Sep it hurdled at 690-700 (made high 708) and from there came down to 597. what next ? Several times posted here support 590-570 so once again this is the support and worst case it may come down to 555-545 but trade and close below that going to attack in downside  415-405

SILVER - Ready for next round of fall !!

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SILVER ($ 30.10) -  Click here to see the post dated 07th May and reminder post dated 12th May. As posted it supported around  $ 32 and resisted around $ 42 for the last four months.   what next ? Last friday it closed below $ 32 so o ne more consecutive close below $ 32 open the gate for the next fall. Down side it going to attack and bottom out at  $ 21 - $ 18  
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NF (4909) - So from the mentioned hurdle of 5150-5180 (day before yesterday made high 5174), it came down  yesterday 4898 Now what next ? Trade and stays below 4910-4880 this round ultimate target in downside 4630-4600 in between support at 4810-4780 and 4720-4690 If trade above 4910-4880,  face resistance at 4955-4975 & 5050-5070

Larsen & Toubro

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LT (1491) - Click here to see post dated 15th Sep. posted levels are intact.

JSW Steel

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JSWSTEEL (634) - now Resistance 635-645 below that take it down to  600-590 & 567

BF Utilities

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BFUTILITIE (503) - As posted on 15th Sep. above 505-490 it went upto the mentioned target of 555 and from there corrected to 495 also. now what next ? If break the support of 505-490, take it down  to 427-407 Already mentioned on 18th Aug. ultimate down target 270-260

Adani Enterprises

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ADANI (584) -    As posted on 16th sep upside target of 615 attacked already and from there corrected to 581 also. now what next ? now below 575-565 once again take it  down to 525

Aban Offshore

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ABAN (372) - Below 365 once again, take it down to 333 and  afterwards 305-295 But below that this round ultimate down target 244-230 
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NIFTY (5132) -  All levels are remain same :   Hurdle 5150-5180 and afterwards 5228-5248   Below the Hurdle down side targets 5070-5050 & 4975-4955 In case if it clear both the hurdles,    then this round ultimate upside target 5417-5447.  

Titan Industries

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. TITAN (235.75) - Hurdle 235-240 But trade and stays above that going to attack in upside 277-284 minor resist at 247-251

Axis Bank

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AXISBANK (1157) - Click here to see the post dated 08th Sep. Mentioned levels are intact.

Century Textiles & Industries

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CENTURYTEX (305) - Click here to see the post dated 08th Sep. Posted levels are intact.

Gravita India

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GRAVITA (420) -  Hurdle 435-445 But trade and stays above that shortly going to attack in upside 530_567 (upside level already mentioned on 05th July itself)

Hero MotoCorp

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HEROMOTOCO (2134) - Click here to see the post dated 14th Sep. Posted levels are intact.

Jindal Poly Films

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JINDALPOLY (225) -  Resistance 227-230 but above that going to attack in upside 248-252
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NF (5167) - All levels are remain same : Hurdle 5150-5180 and afterwards 5228-5248 In case if it clear both the hurdles,    then this round ultimate upside target 5417-5447.   Below the Hurdle down side targets 5070-5050 & 4975-4955    

Tata Consultancy Services

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TCS (1058) - Already mentioned on 13th Sept. Hurdle 1050-1060  even above that also face hurdle at 1075 But trade and stays above that then 1075-1050 becomes support and for this going to attack in upside 1166-1171

State Bank of India

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SBIN (1991) - Click here to see the post dated 13th Sep. now nearing the mentioned target 2040-2050