MURUGAVEL

NIFTY - As per previous post, Close below 5040, next attack 4800. Whereas, last friday it came down to 4842 and closed at 4931. For the time being, fall arrested and expect a pull back. Now the upside pullback targets are 5040-5060 and after that 5120-5160. Down support remain same at 4800.

NF (4948) - now hurdle 4900 & 4950, down side targets are already mentioned ie., 4830-4816 and if not support here, then next attack 4734.

FEDERALBNK (319) - It seems Topped out yesterday at 324. if spike, optimum upside 328-330. now any time correction starts....

AREVA (248)- Resistance 255 and trade below 246, come down to 227-225 and after that 192

AXISBANK (1208) - If Break and Stays below 1182, take it down to 1128 and after that 1065-1045.

JETAIRWAYS (496) - Trade and Stays below 486-484, come down to 460 and after that 412-402.

NF (4925) - 4985 & 5050 becomes resistance. Trade below 4900 take it down to 4860 and 4830-4816, if not support here, next attack 4734

JINDALSTEL (618) - Already double bottomed at 600. once again the support is same 600. But break and close below this level next down side targets are 560-550 and after that 450.

ICICIBANK (824) - Now 852-860 becomes hurdle. come down to 790 & 775.

HDFC (2674)- Below 2691, come down to 2562 and 2520-2500.

EDUCOMP (554)- As per previous post, downside target of 548 almost reached (yesterday low 550) Now What Next ? now the support level 548-538 If break this level, then fall continue to 501 and after that take very strong support at 455-435 zone.

RANBAXY (423) - As per previous posts support of 433 already broken. Now what next ? so hereafter 433-436 becomes resistance. and come down to 412 & 396.

RELCAPITAL (635) - As per previous post, below 670 come down to 623 and after that 600 are intact.

STER (638) - As per previous post, below 700 dowside target 600 and if not take support around 600 then next downside attack 545 are intact.

TATAMOTORS (715) - Below 714, take it down to 686 & after that 665-660. upside hurdle 745-755.

PIRHEALTH (526) - high volatile with second highest volume in its price history happended yesterday becuase of Pfizer takeover rumour but management denied it. so be alert.

NF (5065) - Below 5025, come down to 4975-4958 and after that 4926 but stays below this level, take it down to 4816. upside hurdles are 5075 & 5114-5124.

AQUA (428) - As per previous post, below 425 it came down to the target of 406 (low 404.60) from there it bounced back and yesterday it closed at 428. now if it cross the resistance 438-441 level, then it move to 451 & 460 and after that 474.

TATASTEEL (530)-Last support 525-517. But trade below 517, take it down to 502-492 and after that ?

SESAGOA (369)- Yesterday it did't break 393 so it fell down to 365. Now What next ? If trade and stays below 360-358, take it down to 347 & 332. But below 332 ?

ZYLOG (494) - Above 490 take it to 510 & 524 and after that 554. If correct, it take support at 480. (ready for big upmove. waiting for further confirmation)

NF - Trend decider 5035-5025. above this level go upto 5088 and after that 5114-5124. below the trend, support at 5004 & 4958.

PIRHEALTH - As per previous post, it already took support at 477 (expected support 490 & 473) and yesterday closed at 537. Now What next ? hereafter support 528 above this level take it to 560 & 580 but ultimate target of 601 & 614 intact. below 528 next support 508.

RECLTD - above 278 last hurdle 285 after that next attack 298 but two close above 278 ultimate 340-344.

JUBLFOOD - Below 286, come down to 278 & 273. may expect bottom out around 250-245 level.

SESAGOA - As per previous post, it took support at 360 (yesterday low 358) from there bounced back and closed at 390. Now What next ? If trade and stays above 393, then go up to 409 & 418. Down side support 380 & 373

NF - Below 5088, take it down to 4958 (in between support 5035 & 5004) upside resist at 5140 & 5175.

TATACOFFE - Above 425, take it to 438 & 450. Downside support 392.

TATAMOTORS - Below 810, come down to 792 after that 775 & 760-755.

TATASTEEL - below 557, already posted so once again reminder, downside target 525-517.

ENGINERSIN - As per previous post, below 444, already attacked the lower target of 417 (last friday low 390 and closed at 420). Now What Next ? If trade and stays above 417, go up to 440 & 456. Downside support 402 & 376.

BAJAJFINSV - Going to top out anywhere between 545 or 565 or optimum 592. downside targets are 508, 460 & 425.

DRREDDY - So as per previous posts, took support at 1155 (low 1158), and last friday closed at 1292. Now What next? If not trade below 1280, uptrend continue and face hurdle at 1318 but trade and stays above 1318, then take it to 1330 & 1380 after that ultimate 1478.

ABAN - As per previous post, Below 1040, Down side targets of 640 and after that 550 are intact.

ARSSINFRA - Trade and Close below 1150, down target 905-890.

AXIS BANK - Breakout 1292, Target 1615 & 2306.

PARAL - Support 235. Breakout 310, Target 388 & 577.

NF - 5175 trend decider. below this level downside targets are 5140 and 5080. but above 5175 upsides targets are 5202 & 5238.

ABGSHIP - if hurdles at 277 & 284 then come down to 265 & 260.

AQUA - If break and trade below 425, take it down to 416 & 406. otherwise 438 & 446 and after that 460.

SESAGOA - hurdle 398-400. come down to 388 & strong support at 380. but after that 365-360.

TATASTEEL - Below 570, come down to 557. upside hurdle 580-585.

NF - above 5140, last hurdle 5175 after that go to 5191 & 5227-5238. downside support remain same 5080 & 5035.

MCDOWELL-N - above 1245, go to 1278 & 1300.

ULTRACEMCO - above 977, go to 998 & 1021.

SRF - If not break 221. go to 232-234 & 241

AXISBANK - above 1292, going to attack 1310, 1350 & 1400. support 1270 & 1248.

JUBILANT - above 361, take it to 382 & 391. downside support 350 & 341.

NF - range 5115 - 5175. below 5115 down side 5080 & 5035. above 5175 upside 5215 & 5240.

CROMPCREAV - Last hope & support 235, but trade below come down to 226 & 217