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Showing posts from December, 2012
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NF (5955) -  Levels remain same :  Resistance 6005-6035 Support  5875-5845 Next movement going to happen only break and stays either above the Resist or below the Support  levels Until then this is the trading range.        

Jyothy Laboratories

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JYOTHYLAB (163) - See the Positional Post dated 11th sep and as posted it attacked the first target of 201-206 on 30th nov (that day made high 211) and from there corrected and exactly took support at the mentioned break out level of 161-156 (in the last 5 trading session it repeatedly took support at 161-156 level) . so now the reminder is : see the given levels nothing else

Tata Communications

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TATACOM (237) - See post dated 17th Dec. about its double bottom at 221 and said in the same post for this bottom support of 221-218 and mentioned upside target 237-240. After this above post it repeated took support at the mentioned level of 221-218( came down to 220 on 24th Dec and 221 on 27th Dec,) and last Friday it moved up  and attacked the mentioned upside target (made high 238.80) . now what next ?  Mentioned target and resist remain same at 237-240 But in case trade and stays above that next in upside 260-265

Torrent Power

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TORNTPOWER (190) - Already posted on 20th Dec. Just click here and read. As posted last Friday only it  crossed and closed above the mentioned resistance so now it become support and the mentioned target remain same and intact.

Union Bank of India

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UNIONBANK (275) - Already posted on 17th Dec. " going to top out between 275-285 But In case trade and stays above that ready for  next up big move " and up to last Friday  it made high 275.30 in case if it trade and close above the mentioned top out level,  then will post the mega upside target 

Wipro

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WIPRO (392) - As posted on 29th Nov. it attacked the mentioned upside target of 400-404 (made high 400 on 04th Dec.) and from there it corrected up to 366 on 16th dec and from there now moving up and last Friday it made high 392.95. Once again target and resistance remain same 400-404 But trade and stays above that next in upside 431-434
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NF (5930) - Based on  Jan 2013 expiry Fut. premium now the levels are changed accordingly. Resistance 6005-6035 Support  5875-5845 Next movement going to happen only break and stays either above the Resist or below the Support  levels.

Sudar Industries

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SUDAR (174) - Resistance 177-181 But above that upside target 208-212 and afterwards 232-236 Down side support exists at 150_140

NIFTY OPTION STRATEGY FOR JANUARY 2013

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T his is New year gift from murugavel.com for the new year 2013 NIFTY option strangle strategy for January 2013 expiry Strategy  : Buy 6100 CE (43) and 5800PE (41) :  both will cost Rs.84/- (as per yesterday close ) Reward   :     Double or more  , in either one side of the option Risk :  50% of the Buying cost. Reason : Till now lowest monthly  spread happened in Dec. 2012.
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NF (5913) - Below mentioned levels are repeatedly posted here from 10th Dec. onward and as usual all levels are remain same (because this month, till now it is trading in the tight range) :    Support 5840-5810    (on 18th Dec. exactly it attacked and made low 5838 and from there  moved up and made high 5961 on 19th Dec. and last Friday once again it made low 5947)   But below that next in downside 5745-5715   Resistance 5975-6005 ( on 11th Dec made high 6003 and  once again 19th Dec it made high 5961)   But above that next in upside 6083 & 6155 

Berger Paints (I)

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BERGEPAINT (160) - Now support 156-152 Above that upside target 182-186

Mahindra & Mahindra Financial Services

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M&MFIN (1118) - Already posted on 12th Nov. itself. It is only a reminder... Till yesterday it made high 1128

Indian Bank

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INDIANB (192) - Posted on 10th Dec. "last hurdle 199-204 and above that upside target 234-244" as posted exactly it resisted at the mentioned hurdle (made high 205 on 11th dec  and from there it corrected and made low 186 on 21st dec). Now it seems correction over so already mentioned all levels are remain same  that is  199-204 and above that 234-244

The Federal Bank

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FEDERALBNK (524) - Hurdle 530-535  But trade and stays above that upside target 570-575
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NF (5868) - Below mentioned levels are repeatedly posted here from 10th Dec. onward and as usual all levels are remain same (because this month, till now it is trading in the tight range) :    Support 5840-5810    (on 18th Dec. exactly it attacked and made low 5838 and from there  moved up and made high 5961 on 19th Dec. and last Friday once again it made low 5947)   But below that next in downside 5745-5715   Resistance 5975-6005 ( on 11th Dec made high 6003 and  once again 19th Dec it made high 5961)   But above that next in upside 6083 & 6155       

Sun Pharmaceuticals Industries

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SUNPHARMA (741) - As posted on 23rd Oct and reminded on 20th Dec. it attacked the mentioned target of  777 (made high 776 on 20th dec.) and from there it corrected up to 725. Now it seems correction over at 725 and once again target 777 And in case trade and stays above that next in upside 801 & 827

Exide Industries

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EXIDEIND (136.65) - Hope and support 137-135 But trade and stays below that down side target 120 in between minor support 130-128

Zee Entertainment Enterprises

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ZEEL (230) - It is just reminder of the post dated 05th Dec. So day before yesterday, it crossed and closed above the mentioned resistance of 218-224 (after holding in that level 4 days) So now the ultimate upside target of 318 intact. and Don't forget the in between resist of 242-246
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NF (5853) -  Below mentioned levels are repeatedly posted here from 10th Dec. onward and as usual all levels are remain same (because this month, till now it is trading in the tight range) :    Support 5840-5810    (on 18th Dec. exactly it attacked and made low 5838 and from there  moved up and made high 5961 on 19th Dec. and last Friday once again it made low 5947)   But below that next in downside 5745-5715   Resistance 5975-6005 ( on 11th Dec made high 6003 and  once again 19th Dec it made high 5961)   But above that next in upside 6083 & 6155       

Castrol India

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CASTROL (297) - Last week it came down to 285 and it seems correction over. and now above 296 go up to 305-307 and 317-320 and afterwards 334-338 but above that ultimate upside target 390-395. Respect all given levels.

Century Textiles & Industries

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CENTURYTEX (408) -  Trade below 410-406 weak, If it is, then down side correction 391-388
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NF  (5931) : All levels remain same :    Resistance 5975-6005   But above that next in upside 6083 & 6155    Support 5840-5810  (this support posted here for the past 8 trading session and on 18th dec. exactly it attacked and made low 5838 and from there  moved up and made high 5961 on 19th dec.)   But below that next in downside 5745-5715       .

JSW Steel

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JSWSTEEL (824) - Already posted on 27th Sep about its hurdle of 760-780 now after breaking the mentioned hurdle up to yesterday made high 831. mentioned in that post about its forthcoming mega movement target.   now where it is ? Upside target 886-896 If it trade and stays above this target, then short term upside target 1206-1216 in between resist 1000-1020.

DLF

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DLF  (226) - Resistance 229-232  But trade and stays above that next in upside 244-247 and afterwards 260-264

Canara Bank

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CANBK (487) - Posted on 09th Nov. As posted it broken the resist of 445-460 on 30th Nov. for this posted upside target 515-530 whereas it went up to 492 on 10th Dec. and from there corrected and once again took support at the mentioned level (made low 452 on 14th Dec.) and now once again came up and yesterday made high 490 now what is in ?  As posted mentioned upside target of 515-530 intact .

Aurobindo Pharma

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AUROPHARMA (195) - Immediate support 193-190 and good support at 183-180 Above that upside target 204---212---221

Adani Enterprises

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ADANIENT (271) - Posted on 11th Dec. Above 261-268 upside target 291-298 as posted exactly it took support at 261 on 14th Dec. and day before yesterday exactly it attacked the mentioned upside target (made high 297 and  from there yesterday it crashed up to 269. now what next?  Support remain same at 268-261 Resistance remain same at 291-298 Break and trade below/above only expect next movement. otherwise this is the trading range.
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NF (5942) - All levels remain same :   Resistance 5975-6005 But above that next in upside 6083 & 6155  Support 5840-5810  (this support posted here for the past 8 trading session and day before yesterday exactly it attacked and made low 5838 and from there  moved up and made high 5950 with in single and same day)   But below that next in downside 5745-5715  

Strides Arcolab

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STAR (1135) - So as posted on 04th Dec. for positional, wrote it " Hereafter any correction strong support exists at 1020-980" that to when it was traded at 1180 level . a nd as posted on 14th DEC it made low 1016 and from there upward journey started and up to yesterday it made high 1148 So Mentioned Positional Target of 2100-2200 intact. 

Sun Pharmaceuticals Industries

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SUNPHARMA (765) - What to write except repeat the previous post. Already posted on 23rd Oct. itself about its upside target of  777. and up to yesterday it made high 770. One of the Best Continuous Performing Stock for the Past 10 Years. that performance still going on.......

Tata Motors

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TATAMOTORS (307) - September onwards posted here target of 300 and latest update on 19th nov. At last yesterday it attacked the target and even closed above that also. Now what next ?  If not break 302-298 then going to once again top out at 320-324  (this was posted on Feb 2012 itself and once again reminded on 20th April 12 and that time exactly it resisted at 320 and from there it corrected  and made low 203 in July month ) in case if it trade and stays above 320-324 then ready for next big up move 

Tata Consultancy Services

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TCS (1232) - Day before yesterday bottom formed at 1197 and  so now that is the support and the target  is 1300-1325

Torrent Power

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TORNTPOWER (184) - Resistance 184-189 But trade and stays above that upside target 212-216

United Breweries

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UBL (952) -  Now Resistance 976-986 Above that upside target  1045-1055 But afterwards next in upside 1190-1210
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NF (5929) - All levels remain same :   Resistance 5975-6005 But above that next in upside 6083 & 6155  Support 5840-5810  (this support posted here for the past 8 trading session and yesterday exactly it attacked and made low 5838 and from there  moved up and made high 5950 with in single and same day) But below that next in downside 5745-5715  

Tata Steel

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TATASTEEL (414) - Posted on 03r Dec. "Support 385-380, Above that upside target 410-415" After this post it came down to 386 and yesterday it attacked the mentioned target (made high 416)  Now what next ?  Now if trade and stays above 410-415 face last hurdle 426-431 But above that short term upside target 492-498  

Reliance Capital

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RELCAPITAL (480) -  See post dated 13th Dec. ALL MENTIONED LEVELS ARE SAME AND INTACT.

Hindalco Industries

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HINDALCO (127) - After long congestion and consolidation now it is readying for a big up move. Last hurdle 128-130 But above that next attack in upside 155---165 and afterwards short term upside target 220-230

HATHWAY

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HATHWAY (295) - See post dated 16th Nov. Till yesterday it made high 303 But still to go...........

Gravita India

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GRAVITA (179) Once upon a time on 30th july posted here Last hope and support 165-160 but below that big crack. where as in the last 4 months it repeatedly took support at 160 and now it is moving up. Now face resistance 185-188  and  above that next in upside 203-207 But trade and stays above that short term upside target 250-254

Bank of India

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BANKINDIA (321) - Hereafter support 315-310 Above that upside target 362-366
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NF (5889) - All levels remain same :  Resistance 5975-6005 But above that next in upside 6083 & 6155 Support 5840-5810 But below that next in downside 5745-5715      

Jindal Steel & Power

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JINDALSTEL (441) - As reminded on 15th Nov.  exactly it attacked the mentioned down side target and made low 365 and took support there not one day but four days between 15th nov to 20th nov. and from there upside movement started and yesterday it made high 450 also. now what next ?  Strong Resistance 450-460 But trade and stays above that ready for a big up move Target 545-555

LIC Housing Finance

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LICHSGFIN (283) - See post dated 25th Sep. as posted already it resisted at 284 in October month and from there it corrected to 238 and now once again attacking the same resistance. So now it seems  readying for the mentioned big up move,  If it is trade and stays above the mentioned hurdle of 281-284   then in due course all mentioned upside levels are possible.
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NF (5918) - All levels remain same :  Resistance 5975-6005 But above that next in upside 6083 & 6155 Support 5840-5810 But below that next in downside 5745-5715

Bajaj Auto

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BAJAJAUTO (2081) - See the reminder post dated 11th dec., as posted, once it cleared 1975 on 11th sep itself and with in four session it moved up 2105 so mentioned upside target of 2201_2262 still due... but now it seems ready for a small correction now it not move beyond 2090-2110 expect correction up to 2020-2000 but move beyond 2110 already mentioned upside target of 2201-2262 intact.

Hindustan Unilever

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HINDUNILVR (517) - Strong support exist at 515-510  &  500-495 But trade and stays below that ready for a big down move  In that case short term down side target 468 and afterwards 437

IPCA Laboratories

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IPCALAB (484) - See post dated 23rd July as posted it already attacked the mentioned target of 475-485 on September month itself and after a correction now once again it attacked the same level.  Now what next ?  Resistance 495-505  But trade and stays above that  next upside target 585-595

Motherson Sumi Systems

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MOTHERSUMI (201) - Already moved up substantially but still to go  Now marching towards 255-265 Down side support exists at 180-170