NF (6228) - in the last 8 days it is breaking both side but not fulfilling the target and once again it is happened yesterday also. but already mentioned levels are remain same and no change in it. support 6220-6190 and 6150-6140 Above that already mentioned short term upside target of 6570-6600 remain same. in between resist at 6330-6360 ---- But below the mentioned support, next in down side 5990-5960 ------
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Showing posts from October, 2013
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NF (6105) - Above 6190-6220 break out happened but failed in the bud itself so unable to fulfill the upside target and now trading below the mentioned support so now it becomes resistance and already mentioned down side target remain same. that is Resistance 6140-6160 & 6190-6220 below that down side target 5990-5960
BANK NIFTY
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BANKNIFTY (10896) - See the post dated 08th Oct., as posted exactly it took support at the mentioned support level of 9950-9750 (made low 9947 on 09th Oct.), from there it moved up and exactly attacked the mentioned upside target of 10880-11025 (made high 11091 on 25th Oct.). So more than 1075 points that to with in 11 trading session. What next ? Even though it seems not topped out here as per the price movement but the target of 10880-11025 is resistance only and beyond that up side target and resistance may extend up to 11200-11400 in case trade and stays above that next upside target 12750-12950 So if not move beyond the mentioned resistance of 10880-11025 & 11200-11400 then the down side target once again at 9950-9750 so the sum is 12950-12750 << 11400-11200 & 11025-10880 >> 9950-9750 ****** Once again the same footnote : In between the above mentioned levels, it may zig zag it is nothing but noise
Adani Enterprises
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ADANIENT (194) - Posted on 21st Oct about its upside target of 205--220 and as posted it attacked mentioned upside target level (made high 213.65 on 24th Oct) and from there last Friday it fell down to 192.55. So it complete the full round from the posted support of 140 + to 210+ and now correction is going on. what next ? As posted target and resistance 205---220 remain same and now trade and stays below 190 fall continue to 180--170
Dabur India
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DABUR (178) - Posted on 22nd August " On going fall going to arrest at 144-139 " as posted on the same day itself it made low 142.70, not only, fall arrested, but from there upward journey started and as on yesterday it made high 179.80. now what next ? Support 174-166 and trade and stays above 178-182 short term upside target 210-214
Wipro
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WIPRO (506) - Already posted here, about its mega break out, as such now holding above the Breaking Point. Today Q2 result No change in the mega break out target, now the question is how it is going to react after results ? If not break 500-490 immediate upside target 527 & 540-550 in case if break 490 then next support exists at 473-468
Yes Bank
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YESBANK (359) - Posted on 03rd Oct. " Support 280 and trade above 298-302 upside target 325-330 and above that 370-380" As posted it traded above 302 on 03rd Oct. itself, from there it moved up to 354 but corrected from there and took support at the mentioned level of 325-330 (made low 326.35 on 17th Oct.), now once again moving up and as on yesterday it made high 360.70 as posted earlier, now the upside target 370---385 remain same
Zee Entertainment Enterprises
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ZEEL (266) - Posted on 26th Sep. itself "Support 237-233 above that upside target 260-266" after this post even though it broken the support on 30th Sep. but reversal happened on 01st Oct. itself, from there it moved up and yesterday not only attacked but surpassed the mentioned target 260-266 (made high 271.20). Now what next ? Now 266-260 become support and if hold then up move continue. Ultimate upside target 318-328 (this 318 target gave as positional call on 05th Dec. 2012 itself when it was trading at 209) in between resist at 284-288
Asian Paints
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ASIANPAINT (515) - P osted on 04th Oct. "Support 455-435 and upside target and resistance 505-525" after this post, it came down to 453.60 on 09th Oct., from there it moved up, yesterday it attacked the mentioned upside target (when it made high 529.80). so it moved from 455 to 525 with in 8 days. and mentioned in the same post above 505-525 then ready for next big up move. Now once close above 525 then 525-505 become support for this Ultimate upside target 675-685 in between resists are 540, 564 and 592
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NF (6210) - From 04th Oct on-wards posted here, upside target and resistance 6190-6220 , as posted already resisted at 6193 on 15th Oct., from there corrected also but on Last Friday it moved up once again attacked and crossed the above mentioned resistance when it made high 6224 and closed at 6210. now what is in ? On 15th Oct. itself posted here , "above 6190-6220 next short term upside target 6570-6600" -- so now support 6220-6190 and 6150-6140 Above that already mentioned short term upside target of 6570-6600 remain same. in between resist at 6330-6360 ---- But below the mentioned support, next in down side 5990-5960 ------
Adani Enterprises
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ADANIENT (175) - Regarding this stock, tweeted several times in the last one month and Given below are few tweets embed regarding this stock : 1 ) ADANIENT readying for a big up move — MURUGAVEL (@murugavell) September 23, 2013 2) @murugavell ADANIET regarding this, already tweeted on 23rd Sep and now once again remind / minimum target 175-180 and go even beyond that . — MURUGAVEL (@murugavell) September 29, 2013 So from 23r Sep. on wards tweeting regarding this stock and that time it was trading at 140+ and as on Last Friday it made high 177.90 and closed at 175.35 what next ? now trade above 180 then 180-170 becomes support and upward movement continue to 205--220
Google Inc.
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GOOGLE ($ 1011) - Posted on 19th Aug. 2012 About its support , Break out and Target. Click here to see the post. Breakout price of $ 777 broken on 08th Feb 2013 and from there it is moving up and Yesterday alone it zoomed 13 % (made high $ 1015) now it can give correction and correction target 910-890 But as Posted on 19th Aug 2012 the Ultimate upside target $ 1247 remain same and intact. (this target, going to attack after correction or even without) ***** below is the weekly chart ,click the chart to get the zoom view GOOGLE - Weekly chart
Tata Consultancy Services
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TCS (2108) - Posted on 7th Oct " Resistance 2070-2090 But trade and stays above that next in upside 2260-2280" as posted it broken 2090 on 09th Oct., from their it moved up and almost (not exactly,even though the difference is Re.1/-) attacked the mentioned upside target of 2260-2280 (made high 2259 on 15th Oct.),not only that, yesterday, from there it crashed up to 2096. now what next ? already mentioned resistance now it becomes support that is now support exists at 2090-2070
Union Bank of India
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UNIONBANK (112.65) - Posted on 16th Sep " Support 125-120 above that upside target 142---152" as posted, exactly it took support at 122.1 on 16th Sep. itself and from there it moved up and attacked the mentioned target exactly on 20th Sep.(made high 142.30) and not only that from there fall started and at present trading at 112. now what next ? last hope and support exists at 108-106 in case trade and stays below that next in down side 92-88 minor support exists at 97
Tata Communications
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TATACOMM (229) - Posted on 23rd Sep " Support 183-178 , Above that upside target 223-228" as posted it repeatedly took support at the mentoned level, from there it moved up and last Tuesday it complete the mentioned upside target even it made high 236 and closed at 229 now what next ? Resistance 235-240 But trade and stays above that upside target 265--275
Wipro
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WIPRO (510.60) - Posted on 14th Aug. about its mega up side movement and at last last Tuesday it closed above the mentioned hurdle. Now mentioned hurdle of 490-510 becomes support and mentioned targets are remain same and intact. Note : then and there corrections come and go, it is part of the trade only
Century Textiles & Industries
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CENTURYTEX (254) - Posted on 11th Sep. "Support 236-232 above that upside target 270-274 " as posted it repeatedly took support at 236-232 level and from there it moved up and attacked the mentioned target on 10 & 11th Oct (made high 272.95) , not only that from there correction started and up to last Tuesday it made low 251. what next ? so now Already mentioned support of 236-232 is the target and support
Facebook, Inc
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FACEBOOK ($ 49.51) - R egarding this stock, last update was on 16th Sep.2012, that to about it bottom out at $17+ and about its up side target. Now after one year this is the new update. Recently it made high $50+ and afterwards gave correction up to $45+ and from there, now it is moving up. what is in ? As long as stays above $ 45+ face last hurdle $56-58 But above that upside target $ 72+
Canara Bank
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CANBK (244) - Posted on 16th Sep "Above 220-215 upside target 248-253" after this post, on 17th Sep it made low 216.50 and from there it moved and exactly made high 254 on 20th Sep. and from there corrected and once again took support at the same level of 216 on 25th Sep. and again on 30th Sep. and from there it moved up and yesterday once again attacked the mentioned upside target of 248-253 (made high 250.20). Yes, 16th Sep. posted levels are in simple term, But it behaved exactly not one time but two times. what next ? Now resistance remain almost same at 253-256 But trade and stays above that next in upside 285-292 If not move beyond 253-256 once again down side target 220-215 Note : now once again levels are in simple term only