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Showing posts from December 31, 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