MURUGAVEL

NF (5282) - Now hurdle 5286 & 5356-5376 but above that upmove ready. downside level remain same 5244-5224 but  below that 5180.

JSWSTEEL (782) - As posted on 28th Jan below 930 it came down to the mentioned target of 800 and even yesterday it made a low of 751 now what next ? Now hurdle 800 and below 750 come down to 701 but below that ultimate down target 566.

HINDALCO (219) -  Last hope and support 218-215. But trade and stays below, take it down to 197_187 

HEROHONDA (1441) - Already posted on 03 Jan itself. so no need to repeat. Yesterday it closed below 1500 and if it close below once again today. mentioned downside target intact

HANUNG (193) - Posted on 25th jan. "face strong hurdle at 245-250". as expected it hurdled at 240 from there falling down and yesterday it made a low of 190. Now what next ? Now if trade and stays below 190 fall continue and shortly going to attack in downside 144-139.

CIPLA (312) - Last hope and Strong support 300 But trade and close below that ultimate down target 220 In between support exists at 285_275. 

CANBK(531) - Last hope and support 520 but trade and stays below, going to attack in downside 445_425

BHUSANSTL (360) -  Below 370 take it down to 335-325 but below that Ultimate target in downside 250-245. 

BHEL (2086) - Trade and stays below 2050 going to attack in downside 1745-1710 

NF (5320) - Now hurdle 5356-5376 and above that 5425-5445 Below the hurdle come down to 5286  &  5244-5224

ABAN (618) - As posted on 11th jan and reminder on 28th Jan., Below 680 it came down to the mentioned target 640-630 and even made a low of 613 also. Now what next ? If stays below 640-630 next target in down side 450

JUBLFOOD (494) - Trade and stays below 495-485 level, shortly take it down to 315_300 in between support 433-423

KOTAKBANK (338) - Hereafter hurdle 347-350 and trade below 335 come down to 306-300 and below that 267 but ultimate downside target 170.

M&M (628) - On 28th Jan posted here below 720 downside target 640. Yesterday it attacked the mentioned down target and even made a low of 624 also. Now what next ? Below 640-650 fall continue to 602 and going to bottom out at 602 and expect bounce back from there.

NMDC (273) - Above 274-276 going to attack in upside 291-296

ORIENTBANK (306) - If trade and stays below 303-300, going to attack in down side 260-245 minor support 275.

RELINFRA (659) - No need to explain once again if you see 22nd Nov 2010 post. so from 945 it came down and exactly attacked the mentioned down target of 656. now what next ? Below 656 fall continue and going to bottom out 608-600 and from there expect bounce back

TATASTEEL (620) - Trade and stays below 610 going to attack in downside 560-550 In between support exists at 585-580.

TITAN (3232) - Last Hope and Support 3210-3160 But trade and close below that going attack in downside 2180_2080 In between support exists at 2672.

YESBANK (247) - Trade below 245, going to attack in downside 205-200 in between support exists at 232-227.

NF (5406) -  Levels remain same : Hurdle 5425-5445 and above that again face hurdle at 5490-5510 Below 5366-5356 come down to 5286 & 5244

VIPIND (553) - Below 560 going to attack in downside 514_500 

SUNTV (412) - As posted yesterday it came down from 469 to the mentioned target of 385 and even made a low of 370 that to in a single day. Once in life time opportunity happened yesterday. Now what next ? Promotor(77) + their associates(10%) holdings are  87% of the equity but yesterday delivery volume 24 lacs quantity. who sold yesterday? and who bought ? whether the promotor plegdeged shares sold out in the market ? Support 385_370 but below that fall continue to 275 also Upside hurdle 440 & 475_490

  EDUCOMP (447) - As posted on 11th Jan Below 480 downside target 440 as such yesterday it came down to 444 now what next ?  440 is the last hope & support But 2consecutive close below 440 take it down to 40% to 60% fall from here shortly.  

ALBK (199) - If Trade and Stays below 197-195 take it down to 172-169. upside hurdle 208-210.

NF (5382) - Now Hurdle 5425-5445 and above that again face hurdle at 5490-5510 Below 5366-5356 come down to 5286 & 5244

ONMOBILE (224) - Below 225 take it down to 205_190 But Close below 190 shortly come down to 144-140. 

POLARIS (191) - Support 183-180 and above 195 going to attack 216_225 in between resist at 204-207.

NTPC (177) - Last hope & support 173_167 But below that come down to 147_140 and Below 140 ? 

TATAPOWER (1184) - Hurdle 1190-1210  Below that shortly come down to 910-890 In between support exists at 1099 & 1000

SUNTV (464) - Hurdle 475-490 Below that downside target 400-385.

LT (1570) - As posted on 14th jan and 01 feb support remain same at 1570-1550 .  Last few days it took support and staying this level. But in case if it trade and stays  below 1550 then fall continue to 1430_1390.

 SUNPHARMA (417) -  Already posted on 10th Jan. itself. Topped out at 512, expect downside correction 452 as expected it came down  and  now trading even below that also. now what next ? Hurdle 435_455,  Below that shortly ultimate downside target 340-330 In between support exists at 380-370.

GAIL (453) - Support 445-440 But trade below that take it down to 410_390 

NIFTY(5396) -   On 16th Oct 2010 post, hinted here when it made a top of 6284(click here)   and 12th Nov 2010  post with Nifty chart, confirmed here when it perfectly topped out at 6339(click here). The above mentioned last two posts, I gave, "MY UTLIMATE TARGET IN DOWNSIDE WAS 5300+" Yes as expected, yesterday it attacked the mentioned down target, when it made a low of 5369.  What next ? THE LAST HOPE AND SUPPORT IS 5300_5200  for entire year 2011. So Nifty should bottom out here for this year 2011 and upside rally going to start within few weeks after some consolidation In case, If it not happen and it close below 5200 two to three consecutive days, then MY ULTIMATE TARGET IN DOWN SIDE 4200_3700. It may come in one wave or step by step with pull backs.

NF (5539) - Levels remain same : Hurdle 5550 but  if stays above that, pullback continue to 5687 in between resist 5620-5640 Support 5500-5480 but below that 5396-5366 & 5286

JETAIRWAYS (519) -  No need to repeat. see 02 Feb post . as posted exactly it took support at 493 expect pull back as posted

DLF (244) - As posted on 28th jan and previous posts below 250-245 it attacked the first target 218 and from there now bounce back is going on and it already yesterday made a high of 247 Now what next ? 245-250 are hurdles but if trade above this, bounce back continue and optimum it may go upto 260-266. It is only a pull back 

CUMMINS (683) - Hurdle 690_710 and below 675-665, shortly come down to 590-580

NF (5443) - Hurdle 5480-5500 and above that  5550  downside target  5396-5366 and  below that 5286.

 FINANTECH (746) - As posted on 27th Jan. exactly it took support at 695  from there it already, yesterday,  made a high of 758. so now as posted earlier, above 730 upside target of 775 and 900_930 are intact.

                                          HDFC (617) -  Below 612 come down to 575_565  minor support 590 upside hurdle remain same 630-640

HEROHONDA (1523) -  2consecutive Close below 1500, take it down to 1290-1270  and afterwards 1100

TATACHEM (335) -  Trade and close Below 330, ultimate down target 250. In between support exists at 312-308 &  285-280.

NF (5429) -  Now Hurdle 5480-5500 , 5550 & 5620 Below yesterday low(5410),  downside targets are 5331-5321 &  5286.

JISLJSALEQS (157) - As posted yesterday it came down from 195 to the mentioned down target of 154 that to in a single day Now what next ? 153-148 is the strong support in worst case it may come down to 144-140. Expect strong bouce back from there. Hereafter next down fall, break below this range only,  for that, crash upto 85_75.

JETAIRWAYS (512) - As posted on 20th Jan Below 600 it exactly attacked the mentioned down target 507-503 when yesterday made a low of 504. now what next ? Expect bounce back from here.  If not take support here and  trade and close below 493 down fall continue to 460, 435 & 400

ICICIBANK (995) - Last three days it repeatly took support at 993-990.  Now if  break and close below this support, then down fall target 894-880. In between support 950-935. Upside hurdle 1040-1050

HINDPETRO (345) -  Below 348-350 come down to 332-330 and afterwards 312-310.

BIOCON (341) - Already posted on 18th Jan. below 360-355 downfall only.  Now the down target is 310_290