MURUGAVEL

NF (5888) - Resistance 5970-5990 Support 5820-5800 But below that next in down side 5660-5640

YESBANK (305) - See the post dated 16th Sep. and as posted it broken 305-315 on 18th Sep and attacked the mentioned upside target of 385 on 19th Oct (made high 394.70) and not only that from there it crashed and once again come back to the mentioned support level of 315-305 (last Friday it made low 302)  now what next ?  now trade and stays below 305-315 down move continue to 280-265

MCDOWELL-N (2621) - For this stock, Ultimate upside target posted on 13th Nov. 2012 itself still the mentioned  target of 3954 intact.   what is in immediate ? Now, if hold above 2620-2600  once again going to retest the previous high  so the target is 2780-2810

LT (815) - Support 810-800 but below that down side  764-754

HINDUNILVR (621) - Posted on 06th Sep. "Trade and stays above 618-628 upside target  663 and above that 683" as posted it attacked the mentioned target exactly (made high 685 on 19th Sep. and not only that from there fall started and last Friday it came back to the mentioned support level of 628-618 (Friday made low 616.25).  now what next ?  Recent price pattern shows it may be a broad sideways trading zone for the coming several months macro trading zones are :  Support 600-550   &   Resistance 700-750 and the micro trading levels are Support 625-605 Resistance 665-685

AUROPHARMA (200) - Already reminder posted on 25th Sep. and  reminded in twitter on 27th Sep.  and this is the embed   Aurobindo Pharma http://t.co/A1Nps99JCn / it in watch list because now make or break level & if breakout happen,may break all time high — MURUGAVEL (@murugavell) September 27, 2013 so Now as posted  Resistance remain same at 205-210 But trade and stays above that upside target  275--285

BATAINDIA (850)  - Resistance 860-870  But trade and stays above that upside target  910-930

COLPAL (1217) - Now it is in Make or Break level Trend decider  1210-1190  so as such this is support if it hold expect once again 1400-1420 But trade and stays below that down side target  910-890 in between support around 1100 and around 1000 will be a trading phenomena ,so should accept that But in case trade and stays below 1210-1190 down side completion at 910-890.

SESAGOA (189) - Price pattern says it is readying itself for a big up move  Support 175-170  Last hurdle 200-210 But above that upside target  290-300 in between resist at 260-270

RCOM (161) - Just click here to the see  post dated 15th July and as posted after made  high 151 on 17th July it corrected up to 106 on 28th Aug. (and this kind of  correction was not only expected (this expected  correction also mentioned in the same post) but warranted also because it moved from Rs.50 to Rs.151 that to non stop with in five months. and now mentioned upside target striking distance only 

RELINFRA (408) - Posted on 10th Sep "Above 365-375 upside target 425-435 with in between resist at 397-402 after this post it broken 365-375 on 11th Sep. from there it moved up and made high 423 on 20th Sep and from there it corrected up to the mentioned in between resist of 397-402 (yesterday made low 399) Now no need to  change the already mentioned levels that is now support remain same at 402-397 Above that upside target  425--440 and now below  402-397 next in down side 375-365 and it seems already bottomed out  at 308 ( 21st June posted support 302-298 where as it made low 308 on 05th Aug)   and now decent rally is going on... so now if trade and stays above 425-440 next target 565-585

TATAMOTORS (344) -   Above 320 up move only  and now trade above 355, upside target 374-384 and above that 415--435

TITAN (244) - Already posted on 10th Sep "Above 235-240 upside target 265-270" whereas it went up to 247 on 11th sep and from there corrected  up to 220 and now once again moving up and now trade above 235-240 so now what is in ?  as posted above 235-240 up move only and now cross above 247-249 upside target 265--275

ZEEL (240) - Support 237-233 Above that upside target 260-266

AUROPHARMA (192) - Already posted on 30th April itself  and all posted levels are remain same and still valid. now no need to change 

ASIANPAINT (485) - Posted on 11th Sep "Support 435-430 Above that upside target 490-495" as posted exactly it took support at 435 on 11th Sep. and hovering around 436-438   up to 18th Sep. and from there it moved up and Last Friday and yesterday it attacked the mentioned upside target of 490-495 (yesterday it made high 504.80 and closed at 485) now what next ?  It seems yesterday topped out. so hereafter resistance 500---525 it can correct up to 445-435 But in case trade and stays above 505-525 then ready for a next big up move  if it happen, then, will post the next upside target, now as such nor require

DRREDDY (2379) - Posted on 02nd July "marching towards 2375-2395" as posted it attacked the mentioned target on 15th July itself (made high 2404.80) and not only that from there correction started and it corrected up to 2027 in august month and now once again attacking the previous mentioned upside target (in the last three days repeatedly made high 2400)   what next ?  now this is make or break level So now resistance 2413-2439 But trade and stays above that next upside target 2780-2800

BHARTIARTL (344) - Almost in the last one year it struck in a trading range of  Hundred rupees so any body want to play in this stock do it accordingly so now the range is  Resistance 350--375 Support 300-275 Trade and stays above / below only next move otherwise this is the range to trade.

JSWSTEEL (742) - Posted on 19th Sep. "Above 660-640 upside target 725-750" as posted as on last Friday it complete the up move when it made high 748.  Now what next ?  Going to top out 748---768  and expect fall  minimum  717-708  and optimum  680-670 in case trade and stays above 748-768 only  ready for next up move that take it to 880-910

SUNPHARMA (566) - Face once again resistance at 575---595 but trade and stays above that next short term upside target   680-690 with in between resist at 625-635

TATACHEM (248) - Resistance 250-255 But trade and stays above that upside target 292-302

TATACOMM (186) - Support 183-178 Above that upside target 223-228 in between resist exists at 198-203

AJANTPHARM (761) - Already before bonus it went up to 1179 on 19th July and from there corrected up to 716 on 28th Aug. and now after 1:2 bonus, on ex-bonus basis, last Friday it broken the previous high when it made high 799.  Now it seems going to top out at 825--845 But it case trade and stays above this level,  next short term upside target 1090-1110

NF (6145) - on 16th Sep posted the upside target 6080-6110, yesterday gap up open and morning itself it made high 6117 (that is above the mentioned upside target) but afterwards it corrected but never go down below 6080 and intra day it repeatedly made low and took support 6080+ and afterwards it made high 6174.80 and closed at 6142 now what next ?  so now support 6110-6080  above that upside target and hurdle or even top out 6230-6260 But below the support next in down side 6030-6000 & 5940-5920

BANKNIFTY (11148) - Posted on 06th Sep. "target and resistance 10100-10255" this target attacked on 10th Sep and afterwards in the last three days it hold above 10100-10255 range and yesterday it zoomed to 11219 Today RBI policy Hold  above 11025-10880 next upside target and   Top out  at  11800-12000 below 11025-10880 next in down side 10100-9900

NIFTY (6115) - After seeing the recent movement that is from 5119 to 6142 that to with in 15 trading sessions, naturally everybody searching for the top out number. but i don't see any particular number for top out.  This top range is 7 years old  that is we are seeing this 6000+ range since 2007 on wards. So now the target and hurdle 6200-6400 In case if real break out happen  then we may see  minimum upside target 7300-7400,  optimum upside target 8100-8300  and  Ultimate upside target 10300-10600 If the targets are so high, then we need big confirmation then only we can rely on the break out. So if break and stays above 6200-6400 only, above mentioned upside targets are possible  (weekly and monthly close are must) Otherwise this is the top out and/ or  may spike and touch 6594 (+/- 1 %)  and from there once again down ward journey going to starts...  and as usual down side targets are 5525-5472, 5225-5175 and 4775-4725

NF (5931) - Day before yesterday  said here,  below 5920 first down side target 5750-5710 but it not at all come down below 5820 but  yesterday it broken 5920 and closed at 5931 so as said in the same post above 5920  already mentioned upside target of  6080-6110  remain same (so technically yesterday itself, traded and stayed above  5920 so today gap up may be straight away the mentioned target (because of no tapering now news from FOMC )

TATASTEEL (290) -   It seems Recent correction from 319 is over yesterday when it made low 285  so now 290-285 is support above that once again go up to 320-325  and in case trade and stays above 320-325 will gain more strength for up move...

HAVELLS (612) -   Posted on 12th Sep "Face resistance 648-653" but above that upside target 705-710 whereas on that date it went up to 664 but on that date itself it fell down and closed below the resistance and from there it come down and in the last two day it finding support at 606  So now support 610-600 above that first it face resist once again at 648-653   and if it trade and stays above that next in upside 705-710 

ITC (343) - Posted on 22nd Aug. Downside target 286-282 this down side target attacked on 28th Aug (it made low 285.20) and from there it is moving up and in the last 6 days it repeatedly attacked 340 level and yesterday closed above that also.   Now support 340-335 above that once again going to retest the previous high  that is upside target 378-384

JSWSTEEL (666) - Above 660-640  next in upside 725-750

NF (5862) - Yesterday it seems topped out formation happened So today if not move beyond 5920 confirm the top out  if it so then the first down side target 5750-5710 but trade and stays above 5920  already mentioned upside target of 6080-6110 remain same. (any way this week volatile movements (assumption trading) going to happen because of  FOMC meeting and RBI meeting.so any precise numbers may not hold. )

DLF (154) - MUST READ THIS INTERESTING MOVEMENTS AND IT  HAPPENED July 18th posted here and it was in simple term " resistance 160 and target & support 122" and after this post not one time but two times exactly resisted at 160 level and supported 122 level  that is  40 rupees movements with in one and half months but in real term it is more than 150 rupees movements that is  160  on 30th July to 120 on  06th Aug from 120 it moved to 160 on 14th aug.  and  from there it came down  to 121 on 04th Sep  and again from there yesterday attacked 162 and even from there corrected  up to 149 yesterday itself so two times up and two times down so totally 4 movements and each movement it gave 40 rupees.so totally more than 150 rupees movements. now what next ? All levels are remain same  that is resistance 160 -165  and in case if it trade and stays  above resistance next in upside 200-205 and support  122 -117 and below the support next in down

BPCL (318) - Support 312-306  if hold then the upside target 344-354

BIOCON (327) - Support 327-323  But trade and stays below that down side target 295-285 in between support at  312-308

NF (5876) - So on 13th Sep. also it took support at the mentioned support level of 5850-5825 and from there made high 5908 and  closed at 5876. Support remain same at 5850-5825 and above that target and resistance 5940-5960 also remain same. and now in case trade and stays above 5940-5960 next in upside   6080-6110 but Below 5850-5825 next support  5780-5750 also remain same.

UNIONBANK (124) - Support 125-120 above that upside target 142---152

WIPRO (455) - Posted on 14th Aug "Upside target and hurdle 490-510" as posted it attacked the target and resisted at 500.60 on 03rd Sep. and from there till last Friday it corrected up to 450.95 Now what next ?  Support 450-435  But below that next in down side 405-395 &  370-365

YESBANK (281) - As posted on 10th Sep. It resisted at the mentioned level of 305-320 (made high 314 on 10th sep) and from there already corrected up to 274 as on last Friday.  now what next ?  It seems correction over so now support 280---265  above that  once again resist at 305---315  in case trade and stays above 305-315 next in upside 385 & 420 

CAIRN (320) - Support  320-315  above that upside target  340-345

CANBK (227) - Above 220-215 upside target 248-253

ALL ORDINARIES (^AORD) (5214) - As long as stays above 5200-5000  then the ultimate upside target 6300-6500

DAX (^GDAXI) (8509) - As long as stays above 8500-8100  then face hurdle 8900-9100 But above that ultimate upside target 12700

Dow Jones Industrial Average (^DJI) (15376) - As long as stays above 14600-14200  then the ultimate upside target 22100   S&P 500 (^GSPC) (1688) -  As long as stays above 1610-1550 then the ultimate upside target 2485

NF (5860) - Posted on 09th Sep. extended upside target 5825-5850 and beyond that  5940-5960 as posted it attacked in the last two days (in the last two days high was 5955) and from there yesterday it fell down to 5825 (that is previous resist become support)  and closed at 5867 so all mentioned levels are remain same  that is  now support 5825-5850 and  below that 5780-5750 upside resist remain same at 5940-5960 ( in case it if trade and stays above that in intra-day then will update via twitter) sum :  5960-5940    <<      5850-5825    >>     5780-5750 now this is the trading range if move beyond only next move. 

LICHSGFIN (187) - Posted on 05th Aug "last hope and support 150-140" whereas it repeatedly took support at 150+ (not one time but three times it took support at 150+) and from there now it is moving up and up to yesterday it made high 191.45  now what next ?  above 184-180 upside target 215-219