Congratulations to our PRIME MINISTER and his team for their new endeavor to lead our country with clear mandate. What next ? Hope & Expect - for a better future to our country and our Stock Market also.
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Showing posts from May 26, 2014
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Now the mega rally is going on and we are in first leg. (it started in Sept. 2013 itself and it is almost 9 months old) This rally seems to be continue another 3 to 5 years. (with then and there, give small and/or even BIG corrections). So it will be 2013-18 Bull Rally On that basis,here, Several stocks are posted with very big targets , Please don't think, it may be going to attack in a month time or even a year time but it may be going to attack in this Bull run. So, Give respect all given levels. Wherever the upside target given, Each Upside Target is not only target but resistance also, trade and close above that level only, it become support and ready for next upside target and vice verse for support. So please Understand , Act (React) and Earn. ***
Reliance Industries
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RELIANCE (1127) - Posted on 23rd April as " Support 965-955 & 935-925 Above that, this round Ultimate Upside Target 1140-1150" ** After this post , it took support ,exactly, at the mentioned level of 935-925 (made lowest low 925 on 05th May) and from their, upward movement started and already attacked the mentioned upside target of 1140-1150 ,exactly, on 16th May itself (made high 1145.25) , from there corrected up to 1073.75 on 23rd May and as on last Friday it is once again near the mentioned upside (made high 1132). *** Now what next ? Upside target 1140-1150 remain same But trade and stays above that then ready for very big up move First target 1250-1280 afterwards 1640-1680 & 1850-1880 and ULTIMATE UPSIDE TARGET 2800-2850 *** Hereafter down side support exists at 1070-1050 & 1000-980
Oriental Bank of Commerce
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ORIENTBANK (355) - Posted on 03rd April as " Resistance 236-246 But trade and stays above that Upside target 316-326 & 352--372" As posted, it broken the mentioned resist of 236-246 on 25th April,(that day closed at 249.25), from there, it moved up non-stop and last Friday it attacked the mentioned upside target of 352-372 (made high 361.80) that is almost 50% up move from the mentioned level, that to, less than one month time frame ** Now what next ? Target and Resistance 352-372 remain same But in case trade and stays above that then ready for next round of up move and for this, ULTIMATE UPSIDE TARGET 960--980 WITH IN BETWEEN RESIST AT 482-492 , 545-565 & 605--625 *** So the levels are 352-372 >> 482-492>>545-565>>605-625>>960-980 Note.: respect all given levels.