FEDERALBNK (407) - Last friday bottomed out at 383 with heavy delivery volume. Strong support exists at 395_385, so above this, expect upmove to 450 & 470.
UNIONBANK (321) - If you saw the 28 oct post and 22 nov reminder post about the topped out , now no need to explain the recent fall. what next ? Timebeing low formed at 303, expect pullback rally to 345_355.
Again repeat the 06th dec post. Avoid momentum stocks because now everybody know the fact. Every operator exited or exiting from their operation in the market and it will take time to come back again. so every pullback rise, might be sold out. Nifty may try to bottom out today ! Bottom Low 5690_5670 and if not and If FII joined the selling spree in full swing, then at no time Nifty may touch 5535 , 5300+ or even beyond.... Be alert, particularly in long side. So no need to specify each and every stock.
NF (6020) - No change. Levels are remain same, Resist 6040_6070 if trade above this level, next attack 6150. Support 5970-5950. In down side, if trade below 5950 last hope 5920, but afterwards, come down to 5840
HANUNG (233) - It seems, fall over and bottomed out at 215 (what a fall from 414 to 215) So hereafter further fall, only, if it trade and close below 215, for that expect 178 otherwise expect upmove from here.. first target 300_320.
JUBLFOOD (627) - Already multiple topped at 636 So now it trade and stays above this, then move to 665 and afterwards 705_715. (note : don't get trapped beyond the mentioned levels)
NF (5992) - Levels are remain same, Resist 6040_6070 if trade above this level, next attack 6150. Support 5970-5950. In down side, if trade below 5950 last hope 5920, but afterwards, come down to 5840
JINDALSTEL (699) - See 23rd nov. post no need to explain. Now what next ? Going to top out between 712_724. But in case if trade and stays above this level, then move to 790-795.
TATAMOTORS (1358) - On 02nd Dec. mentioned the upside target 1384. yesterday it made a high of 1382 Now what next ? support 1340 and If move beyond 1384 then next attack in upside 1558 in between resist at 1449.
CRUDE OIL ($ 89.19) - Now, It is in half way mark of 2008 high and low. From here what next ? If it trade and 2consecutive close above 92.80, then shortly going to attack 110.06. That is almost 25% rise from here ! If it happens, think about our Oil bill, Balance of payment, GDP growth and last but foremost, as a market participant point of view, think about Stock Market ? Our wish it should not happen but the Numbers says so.....
NF (6026) - Levels are remain same, Resist 6040_6070 if trade above this level, next attack 6150. Support 5970-5950. In down side, if trade below 5950 last hope 5920, but afterwards, come down to 5840
LICHSGFIN (1052) - It seems pullback high (1088) already over, or expect maximum high 1110-1120. If it not trade and stays above this level , again come down to 910-890 and if it not hold there, then expect 745_715.
TTKPRESTIG (1655) - Once again going to top out between 1745-1765. But in case if trade and stays above this, then going to attack 2190-2200 in between resist exists at 1970.
ULTRACEMCO (1091) - Last hope and support at 1070 but trade and stays below that, then going to crack upto 965_955 in between support exists at 1025-1005.
NF (5982) - Support 5960-5950, above that going to attack 6040_6070 if trade above this level, next attack 6150. In down side, if trade below 5950 last hope 5920, but afterwards, come down to 5840.