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
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Showing posts from September, 2011
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
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
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
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.
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
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