MURUGAVEL

NF (5458) - No change in the support level 5474-5434 In case trade below this, optimum downside 5390 or 5357-5347 expect bounce back, most probably today  , if not then on Monday Upside resist remain same 5630 and afterwards 5700-5740

HINDOILEXP (194) - Posted on 11th April "topped out 238 and down target 195" Now reached the target and made low 192  what next ? Now  Support at 192-189 But in case trade and stays Below only, further fall to 178-175

CENTURYTEX (329) - As posted on 02nd  May  "below 360 it came down to 336" and even go beyond also and yesterday made a low 327 Now what next ?  Last hope and Strong support exist at 323-319

ACC (979) -  Posted on 05th April "Double top at 1134" after this post it attacked 1134 not one time but three times but unable to move beyond that. It is already came down from 1144 to 975 it is time to find the support Now the support is 965-955 But below that going to bottom out 910-890

ABGSHIP (355) - If you see the previous posts, then no need to explain its previous expected line movements. now what next ? Trade and stays below 350, further fall  to 335-325.

NF (5538) -  Range is same Hurdle 5630    and  Support 5474-5435 In case if it trade above 5630, then move up to 5700-5740

CROMPGREAV (244) - Last support and Hope 240. But Trade and  Close below 240, take it down to 220-210 and afterwards ultimate down target 183-180

NF (5562) - Hurdle 5600-5630 and below 5550 take it down to the mentioned target 5474 Above 5630  upside once face hurdle at 5700-5740

TITAN (3773) - Already indicated on 29th April itself about its double top formation. already it fallen from 4199 to 3755 Now below 3750 fall continue to 3300 in between support at 3555

PANTALOONR (247) - As posted on 06th april and 19th april . it came down to 300 to 244 now what next ? Last hope and support 237-227

JSWSTEEL (906) -  Upside hurdle 920 and below 890  down target 840-832 in between support 855-850

HDFC (684) - Trade and stays below 680, downside targat 630-620 in between support at 655

EDUCOMP (437) - Below 440-445 down move to 400-395

BIOCON (359) - Below 360 down move target 330_324

AXISBANK (1230) - Posted on 31st Mar. "hurdle 1430-1450" . As posted not one time but repeatly it attacked 1450 but unable to move beyond, so from there fall started and yesterday it made a low 1211 now what next ? below 1211 on going fall going to arrest and  take support at 1190-1180 even below that also strong support exists at 1150-1135

ABAN (597) - As posted on 20th April Below 655, down target 606  yesterday it attacked the down target and even closed below that also. what next ? Now upside hurdle 606-612 below  that down move continue and take support at 581-577 If not, then next down level 550-545

NF (5719) - Now Hurdle 5740   As long as Trade and stays below 5700, this round ultimate target in downside 5474 in between support exists at 5612-5598 Above 5740 upside target 5820-5840

SBIN (2693) - As posted on 28th April. It resisted at 2950 and expected correction is going on. already yesterday it made low 2682. Now on going correction going to end at 2675-2650 level In case if it not take support here, then ultimate target for this round  2470-2450 In between support 2570-2565

CANBK (599)  - Posted on 01st Mar and reminder on 17th Mar. "Support 590 Upside target 666" As posted exactly it took support at 590 on 07th Mar and attacked the mentioned target of 666 (made a high 667) on 18th mar. and from there, fall started and yesterday it came to the support level of 590 and closed at 599. now what next ? Once again support and last hope exists at 590 expect bounce back to 608 & 638  But in case if it trade and close below 590 today then fall continue to 520-510

BGRENERGY (535) - Below 554-550 take it down to 520 But in case if it not take support at 520 level then fall continue to 494-490

NF (5752) - Now 5740-5720 support but below that come down to 5678-5658. In Upside face resist at 5820-5840 and above that 5880-5910

OPTOCIRCUI (302) -  Above 305 upmove continue and going to top out 326-330

MCLEODRUSS (264) - As posted on 26th Apirl It topped out exactly the mentioned level of 285-290 (made a high of 287 on 27th april) from there already it came down to 258 now below 258, on going fall going to arrest and  take support at 250-245

INDUSINDBK (260) - If trade and stays below 258 take it down to 232 in between support exists at 246-244.

ICICIBANK (1114) -  Support 1110 and even below that also one more support exists at 1080.  Now   Trade and close above 1130-1140 shortly Going to attack in upside 1275-1285

HCLTECH (521) -  Support 508 and short term upside target 608 & 643 In between resist at 566-576

CENTURYTEX (359) -  Hurdle 366-368. Trade and stays below 360 take it down to 340-336

SILVER ($ 48.58) -  This Week made a high $49.82.  It seems already topped out or   may be   one more spike top out, few more $ ! Hereafter if it 2consecutive close below $ 46 ,  expect shortly, vertical fall target   $ 34_32

NF(5813) -  Resistance 5840 and below 5800 take it down to 5740-5720 and afterwards further fall to 5678 If it trade above 5840, face hurdle at 5880-5910

TCS (1159) - Last hope and support 1155-1140 But if it trade and close below 1140, going to attack in downside 1055-1035

TITAN (4118) - as posted on 21st april above 4088-4048 it can move up . but not moving up !!!. that means, going to double top ? it seems so.  If it not move up with two to three days. then expect fall

CMAHENDRA (272) - Posted on 20th April. Going to top out  334 (whereas it topped out at  342 on 20th april and correction started that day itself) from there it corrected and yesterday it made a low 269.  what next ? Now, On going fall come to an end and take support  between 270_260 and expect bounce back.

NF (5836) - All levels are remain same 5820-5790 support  and top out hurdle 5945-5955 Below 5790 downside targets 5678 In case if it trade Above 5955, upside targets 6009  & 6048

SBIN (2910) - As posted on 01st April. It supported at 2730 not one time but twice and it attacked the mentioned upside target 2950 for the last three days and unable to move above that also.  now no need to say.Close above 2950 only, upmove continue. Otherwise  2950 is the resistance and expect correction.

RELINFRA (667) - Already posted on 19th April itself. No need to change the levels and all levels are still valid and intact.

RAYMOND (367)  - Posted on 05th April. Last support 308 (it came down to 306 on 13th april) and ultimate target in upside 387-397 (yesterday made a high 372) and once again remind on 21st April Now as posted going to top out between 387-397

NF (5874) - Once again top out hurdle at 5945-5955 But in case if it trade and stays above this, then upmove continue to 6009 & 6048  Downside Support  5820-5790 but below that 5678

UFLEX  (202) - Going to Face hurdle 216-219

LUPIN (419) - Now any time ready to move up as posted on 08th april. all levels are intact and valid.

JUBLFOOD (698) -  Now watch the level 705-715 timebeing hurdle But short term target of 880 intact, if it take support at 636.

JSWSTEEL (998) - As posted on 20th April. above 940 already it attacked the first target of 970-975 and now moving towards the second target of 1030 now the resistance is 1030 but in case if it trade and close above then upmove continue to 1110 in between resist at 1075.

JINDALPOLY (432) - Repeatly making a base at 420 level so this will be the support now any time ready to move. therefore 06th April post still valid and intact.

NF (5886) -  21st April posted levels remain same. nothing change.

MCLEODRUSS (280) - As posted on 01st April Above 250 now nearing the mentioned upside target of 285-290. Expect top out between 285-290 But in case if it trade and close above this level upmove continue to 308-310

HINDALCO (221) - Trade and close above 222 shortly going to attack 240_250 in between minor resist at 232

HDFC (732) -  As posted on 04th April. exactly it took support at 684 on 13th April from there now it is moving the mentioned upside target of 750-757. The mentioned target intact.

BGRENERGY (574) - As posted on 15th April above 550-556 it went up and exactly attacked the mentioned target 588 on last friday and from there it corrected to 568 also. what next ? Now on going correction going to end and take support at 556-550 Upside hurdle remain same at 588 But if it trade above 588 then next upmove to 608-612

NF (5871) - Now support 5840-5820 and trade above 5885, once again, go up to the top out level of 5945-5955 today minor resist at 5924 But in case if trade and stays above 5945-5955 level, then up move continue to 6009 & 6048  Trade and stays Below 5820 down side target 5740-5720 & 5630-5610

JETAIRWAYS (488) - Already posted on 07th April itself. so no need to repeat the same

KOTAKBANK (460) -  Trade and Stays Above 465 go up to 487-489.