NF (5146) - There is no need to change the levels so everything remain same. Hurdle 5150-5180 & 5220-5240 But above that upside target 5364-5370 Trade below 5080-5050 come down to 4970-4940 > 4880-4860 > 4810-4790 { REMINDER : In down side already said the make or break Level 4710-4690 same way In upside make or break level 5220-5240}
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Showing posts from October 20, 2011
Crompton Greaves
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CROMPGREAV (144) - The following post posted on 02nd Sep " CROMPGREAV (150) - Timebing bottom made at 133-130 Now, If trade and stays above 153, go up to 170-175 and afterwards 188-192 " As posted above 150 it went upto and repeatly attack for the last few days 170 and yesterday after Q2 result it crashed upto 141.55 now what next ? Below 140 Bottom support remain same at 133-130 But trade and stays below that down target 101-99
Chambal Fertilizers & Chemicals Limited
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CHAMBLFERT (87.30) - The following post posted on 08th April 2011 "" CHAMBLFERT (88.85) - Going to top out between 90-93 but trade and stays above this level, going to break the recent high of 104.80 and marching towards 116_120. "" As posted it hurdled at 90 in April month for that it corrected up to 70 in June 2011 and afterwards it broken the mentioned hurdle of 90-93 on Aug. month, for that break out, last month it attacked the mentioned target of 116-120 (made high 118.45) and from there reversal started and day before yesterday after Q2 result it crashed to 84.75 and yesterday also made same low. But last two days made recent past highest volume. Now what next ? Support 85-84 But trade and stays below this level, fall continue to 72-70 and 66-64 P.S. Reason and Moral of the above write up is "When you concentrate a stock, concentrate fully unless and until the levels are perfect as happened in this stock"