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.
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Showing posts from December, 2012
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
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
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
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
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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
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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
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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.
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 .
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.
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
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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
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
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.
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.