MURUGAVEL

NIFTY (8324) -   On 16th Dec Posted downside target 7870-7830 , whereas it made low 7961, from there bounce back started , as on yesterday it made high 8331. *** Now what next ?  Immediate support 8290-8270   and good support 8200-8170 above that once again TOP OUT 8620-8660 this is the make or break level  in case trade and stays above that  Next upside target  9280-9300

BANKNIFTY (18747) - Posted on 09th Dec and said "C orrection target 18200-18000  and below that 16500-16300" whereas it corrected up to 17500 , from there once again now near to the recent high of 18875, as on yesterday it made high 18801 *** Now what next ?  Resistance 18850-19050 But trade and stays above that  next upside target 20200-20300

PETRONET  (209) - Posted on 25th June as " Strong Hurdle 186--196 But trade and stays above that  ready for big up move  ULTIMATE UPSIDE TARGET 265--275" After this post, many attempt made to break and close above 186-196 but even after closed above that also it was not move upwards But this time attempt going to be fruitful so now, any correction downside  support 196--186 and mentioned upside target of 265--275  remain same and intact.

ICICIBANK  (359) - Already posted on 19th Aug. itself about its ULTIMATE UPSIDE TARGET 528-536 (ex-split),with in between resist of 378-388 are remain same and intact. 

HDFCBANK (963) - Resistance 966-976 But above that upside target 1010-1020

AXISBANK  (498) - Posted on 17th Dec as "  support 465-460" as posted it took support exactly at 464.20 on 17th Dec itself and as on yesterday it made high 500.75. Now what next ?  Face resist at 505-510 But above that  next upside target  545-550

AMARAJABAT  (817) - Posted on 20th Nov. and now it is time to change the target. Now support 795--775 Above that upside target 875-885