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Showing posts from July 28, 2014

MindTree

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MINDTREE (1025) - Posted on 23rd June and said as " support 908-898 and 864-844, above that up move continue to 1060--1090" After this post , it made lowest low 842.50 on 02nd July and 10th July  it made intra day low 831(but not closed below 864-844 level)and as on last Friday  it made high 1035 so now mentioned upside target of 1060--1090 is due

ICICI Bank

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ICICIBANK (1475) -  Double topped at 1500-1520 so below that down side target 1430--1390

Hindustan Unilever

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HINDUNILVR   (663) - Posted on 16th June and said as " Support 620-610 Above that  upside target 690-700  & 717-728" After this post, it repeatedly took support at 620-610 (not one day but several days even up to 21st July and made lowest low 610.80 on 23rd June) and last Friday it made high 667. Today Q1 result now Target and resistance 676--689 and above that 717-728 and support remain same at 620-610

Glenmark Pharmaceuticals

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GLENMARK (636) - Posted on 07th April and said " Upside target 612-622 And  in case trade and stays above 612-622,  then ready for another big up move  Target 735-745" After this post, it attempted  on 02nd May (made high 641) but failed , it came down to 507 on 19th May, from there now once again,last Friday it made high 641.40 and closed above the resistance of 612-622 So now support 622-612 Above that upside target 715-735

Dr. Reddy's Laboratories

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DRREDDY (2744) - Posted on 02nd June and said " face resistance 2480-2520 , But trade and stays above that upside target 2715-2750" As posted, it broken the resistance of 2480-2520 on 26th June, and already attacked the mentioned upside target of 2715-2750 on 07th July itself (made high 2759.70) ,from there corrected up to 2606 on 16th July and now once again attacked the same upside target on last Friday (made high 2771). Now what next ?  Resistance 2760-2800 But above that up move continue to  2910-2950

DLF

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DLF  (205) - Repeat once again the post dated 09th July   Hope and support 195--190 But below that down side target  150-144 with in between support at 176--170

Crompton Greaves

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CROMPGREAV (193) - Posted on 18th July and said " Resistance 218-224" , as posted, it resisted exactly at 218.80 on the posted date itself and as on last Friday it came down to 190. Now what next ?  Support 182-178 But below that next in down side 166-162

Bombay Burmah Trading Corporation

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BBTC   - 162) -  Support 155-150  and trade and stays above 165-170 Next upside target and Hurdle   195-200 & 210-220 But above that  ULTIMATE UPSIDE TARGET 390-410