NF (5911) - No change in the market movement therefore once again No change in Levels Hurdle 5945-5955 but above that, upmove continue to 5996-6009 & 6048 but below that, down side levels are 5885 , 5840-5820 & 5740-5720
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Showing posts from April 7, 2011
Hero Honda Motors
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HEROHONDA (1682) - Posted on 22nd Feb. "STRONG SUPPORT 1420-1415 and above this upside target 1666" Exactly it supported at 1414 on 22nd Feb itself and take U turn and from there it is moving upwards and yesterday it attacked the metioned upside target of 1666 (it made a high 1689). what next ? now Strong Hurdle 1693-1697 So fall going to starts.. any time but trade and stays above 1700, optimum it can move up 1750-1760
Crompton Greaves
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CROMPGREAV (288) - Posted on 18th Mar " Support 261 and upside target 291-294" as posted it exactly supported at 261 and yesterday it attacked the mentioned target, when it made a high of 291 now what next ? as said, 291-294 hurdle so expect correction 275-270 but if it trade and stays above 291-294 upmove continue to 308-312
Coal India
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COALINDIA (366) - As posted on 16th Mar. it attacked the mentioned target of 369 on 22nd Mar.(made a high 371) and from there it corrected to 340 now once again moving up and yesterday it made a high 368 what next ? once again face hurdle 371-373 but above that this round upside target 424 in between resist exists at 399-401
Bhushan Steel
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BHUSANSTL (471) - Posted on 16th Mar "Above 450 upside target 480"as posted Yesterday it attacked the mentioned target of 480, when it made a high of 489. what next ? It seems topped out so if it not move beyond 475-481 expect correction 455-450 But if it trade and close above 480 upmove continue to 500-506
Bata India
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BATAINDIA (417) - Posted on 28th Mar. "above 375 upside target 420" as posted day before yesterday attacked the mentioned target (it made a high 427) what next ? now it is ready for another big upmove but before that expect one correction up to 400 and below that 375 Stays above 425-435 short term target 535 & 580 in between resist at 458-460.