NF (5214) - Now support 5180-5150 Upside target and resistance 5255-5285
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Showing posts from July, 2012
Aban Offshore
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ABAN (359) - Posted on 9th July "RESISTANCE 425-430 AND BELOW THAT DOWN SIDE TARGET 385-375" as posted it resisted at 430 not one time but three times (11th,13th and 16th july) and from there it attacked the mentioned down target of 375 on day before yesterday and yesterday even it came down to 355 also. what next ? Now support 355-345 expect pull back But trade and stays below that, then fall continue to 320 and afterwards 300-290
Hindustan Unilever
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HINDUNILVR (476) - Last post of this stock was on 31st Jan. the post was "LAST HOPE AND SUPPORT 380-370" as posted it supported at 374 and from there slowly it moved up and yesterday made high 477" what next ? Now Going to Top out at 485-495 Three consecutive close above this level only can expect next up move otherewise expect correction from here.
Financial Technologies (India)
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FINANTECH (703) - See post dated 25th June "as per the post, above 680 upside target 790" whereas it not only attacked the mentioned target but even went up to 824 on 11th july and from there corrected up to 695. what next ? It seems correction over so now Support 700-690 and above that once again can go up But below the support, then take it down to 660
JSW Steel
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JSWSTEEL (673) - See post dated 05th July "as posted Exactly it resisted at the mentioned level of 732-742 (made high 733.70 on 05th July) and from there expected correction happened and yesterday made low 663" what next ? It seems timebeing correction over. so now support 663-653 and expect pull back
BRAZIL going to Bust - It is WILLIAM GAMBLE ' s View
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Brazil is confronted by slowdowns in its major export markets together with a home grown credit mess. It is doubtful that it can save itself, much less the rest of the world In February 2011, I wrote a piece about what I thought was a credit bubble in Brazil. I thought that the problem was serious and that it could potentially lead to a collapse. Most other commentators felt that there wasn’t really a problem. For example, I quoted a former central banker, Arminio Fraga, who said that there wasn’t an issue. He said “We may have traces of sub-prime in the system... I don’t think it has gone that far.” He was wrong. Since the crash, emerging markets have helped to spur global growth. The faith in their ability to continue growing seems eternal. On 12th July, I saw a new report from Ernst & Young that suggests emerging markets will save the slowing world economy and provide a new engine of growth. It is all rather sad, because they won’t. An excellent example is Brazil
Kotak Mahindra Bank
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KOTAKBANK (603) - See post dated 21st May. As posted already it crossed the mentioned upside target and now holding above that for the past 5 days. what next ? Now support exists at 590-580 Above that can move and face hurdle at 616-626 But in case trade and stays above that next upside target 660-680 and ultimate target 710-730
BF Utilities
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BFUTILITIE (464) - See post dated 4th June and 11th June "as posted it moved from the mentioned support level of 360-350 (made low 354 on 04th June) and from there it moved up and last friday it attacked the mentioned target of 455-465 (made high 467). Now hurdle 465-475 But in case trade and stays above that then ready for next round of up move . for that upside target 565-575 in between resist at 510-520
JSW Steel
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JSWSTEEL (726) - Posted on 01st June "Support 615-625 and Upside target 705-715" and not only that and serveral times reminded in twitter also regarding this target. yesterday it attacked mentioned target and made high 729" what next ? Now Face resistance 732-742 and if not move beyond expect correction.
Mcleod Russel India
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MCLEODRUSS (310) - Posted on 16th April " Upside target and once again Hurdle at 311-316" as posted yesterday only it came this level and made high 312 now what next ? Now hurdle remain same at 311-316 But in case trade and stays above that short term upside target 455-460 in between resist at 340-345