MURUGAVEL

ARSSINFRA (294) - Posted on 12th May below 490 down target 340  now even trading below that also.  so next attack in downside 228

NF (4850) - Hurdle remain same at 4940-4960 and down target of 4730 & 4604 also remain same . now in between intraday support 4800-4780 Above 4960 again face resistance at 5000-5020

HEROMOTOCO (1994) - Even in this down market also, buying some stocks give rewards. this one is classical example. Posted on 16th Aug Support 1890-1880 and  upside  target 2000-2020. Exactly it took support at 1880 not one day but two days and last friday it attacked mentioned upside target of 2000. now what next ? either it going to top out here at 2000-2020  or at 2075-2095 But Trade and stays above 2100, then ready for next big upmove.

JETAIRWAYS (296) - As posted on 17th aug "below 385 first down target 280 and next down target 220" whereas last friday exactly it attacked the first down target when in made a low of 281 so trade and stays below 280 next target 220 intact. otherwise expect pull back from here.

JINDALSTEL (485) - Posted on 01st Aug "Below 600, Ultimate down target 412" whereas  till last friday it came down to 464. now what is in ? still the down target intact. but It seems timebeing bottom made at 464 so expect pull back upto 524-534

LT (1546) - Hurdle 1568 & 1590-1610 Below that come down to 1480-1460 that is the last hope and support But below that big fall going to happen

MCLEODRUSS (232) - Support 227 and  trade above 234, can go up to 246-248  & 258

PANTALOONR (276) - As posted on 18th Aug "below 280 it came down to the mentioned down target 262" and from there bounce backed  to 282 also" now what next ? Support remain same at 262-258  and trade above 283 can move upto 298 & 307

SESAGOA (222) - Posted on 25th Feb itself below 280 down target 224" it attacked the mentioned target on last friday when it made a low 216. now what next ? Last hope and support 220-210

TATAMOTORS (712) -  All mentioned down levels were attacked already now what next ? Last hope support 670-660

YESBANK (263) - Hurdle 272-276 Below that come down to 234-224 &  210

GERMAN-DAX (5480) -  World fourth largest economy but recent months worst performer in stock market in the world. It made a high of 7600 in May 2011 and last friday it made a low 5345 that is 30% fall from the high.  but still worst is not over Expecting probable bottom may be at 4930-4870

GOLD ($ 1852) -   The following Post was posted on 22nd Feb. 2009 regarding Gold   " GOLD may going to bubble (target $1800 to $2400 it is possible if it trade above $1200) with in 12 to 18 months period and after that bust like CURDE OIL"   Below is the GOLD weekly chart. After the above mentioned Feb. 2009 post, It took more than one year to break and close above $1200 (it closed above $ 1200 in May 2010) and from there, it started the northward journey and this week it attacked the mentioned target range when it made a high $ 1881 (it happened with in 15 months )  Recent momentum shows now we are entering the bubbling stage. In this stage,  it may spike even up to  $ 2400 . and it is going to be a high degree of momentum and high degree of volatile. But the ultimate result will be going to crack vertically. It may happen with in three to six months (t...

NF (4931) - All levels remain same Below 4960-4940 take it down to 4730 & 4604 in between intra day rest 4860 & 4820 Above 4960 again face resistance at 5000-5020 but above that go up to  5120-5140

HDFC (641) -  Last hope 625 but below that take it down to 580-570

GESHIP (226) - Hurdle 242 and trade below 210 take it down to 181-179

BANKINDIA (314) - Posted on 01st Aug "below 385-380 down target 310-300" as posted yesterday nearing the target made a low 312 . now what next ? As posted 310-300 is support and hope But trade and stays below that  another round of fall going to start that take it down to 228-224

ALBK (181) - Last Hope and support 175-173 But below that take it down to 130-126 in betweeen support 155-151

NF (5070) - Hurdle 5120-5140 and again at  5180-5210 Support  5020-5000 and again at 4960-4940 But below 4960-4940 take it down to 4730 & 4604

BFUTILITIE (465) - Posted on 08th Aug . "below 616 down target 460-450" as posted yesterday it attacked the down target when it made a low of 421. now what next ? if stays below 450 then fall continue to 270-260