MURUGAVEL

NF (5491) - Hurdle 5525-5535 & 5585-5605 Support remain same 5474_5434

TATASTEEL (578) - Last hope and  support 575 Trade and stays below 575 , take it down to 512-506

.. RANBAXY (518) - On going rally,   top out either 521-527 or opitimum 542-545

BHARATFORG (331) - Last hope and support 330-226 But trade and stays below that come down to 312-308

AJANTPHARM (275) - Support 270-265 above this go up to  292-296 but above this,shortly going to attack the ultimte target  375-385

NF (5581) - Range 5525---5625 Below 5525 take it down to 5474-5434 Above 5625 go up to 5740-5760

LUPIN (440) - As posted on 06th april and reminder on 27th april already it moved from 410 to 446 on 29th april  and once again it came down and took support at 406 on 12th may and  now it is moving up and made a high once again 446 . Now above 450 face hurdle 475 and afterwards ultimate upside target 494-504 intact.

FEDERALBNK (439) - As posted on 29th Mar. It took support at 391 from there it moved upwards and attacked exactly the mentioned target of 456 on 19th april and from there it corrected and once again took support at 395 and from there now is moving up and made a high  443.  now what next ? hurdle 444 but stays above this, once again going to attack and make double top at 456

DLF (233) - Hurdle 235-237 but above that move upto 250

SILVER  - When posting this, now silver trading at $33.02 after making low of $ 32.30 As posted on 07th May It already bounce backed  from $ 33.53 to $39.47 and from there, now, once again testing the mentioned support level. As posted earlier, 2consecutive Close below $ 32 only next down fall. so now all levels are intact. Support $ 32_34 and Resistance $ 40-42

NF (5550) - This is fourth day repeat the same levels Once again levels are remain same. Hurdle 5575-5595   but above that 5640-5660 and afterwards ultimate 5740-5760 In Downside support remain same at 5474-5734.

ORCHIDCHEM (317)  -  Face strong hurdle 320-325 But above that upmove to 338-342  and 357

. UBL (595) - Posted on 04th Jan itself. "above 520 upside target 582-585" 05th may only it broken 520 and yesterday it attacked the target and even made high of 604 also. now what next ? If stays above  580-585, in this round, going to attack in upside 727 but  timebeing top out 635-655 and hereafter support 585-580 Good support exists at 520-500

JSWSTEEL (918)  - As posted on 04th May below 890 it came down exactly to the first support 855 and from there, it bounce backed and yesterday it attacked the mentioned hurdle of 920. now what next ? as said in the previous post, hurdle remain same at  920 but trade and stays above 920, upmove to 955-965

MARUTI (1223) -  Below 1245-1225 come down to 1125-1115 in between support 1175

ARSSINFRA (470) - As posted on 28th Mar. one more close below 490 down move only down target 340 in  between support 425

NF (5550) - Once again levels are remain same. Hurdle 5575-5595 but above that 5640-5660 and afterwards ultimate 5740-5760 In Downside support remain same at 5474-5734.

SINTEX (184) - Hurdle 188-192 below this take it down to 172-170

HINDUNILVR (297) - Now support 293-290 and above this going to atttack in upside 320 In between resist at 305

NF (5555) - Levels are remain same Hurdle 5575-5595 but above that 5640-5660 and afterwards ultimate 5740-5760 In Downside support remain same at 5474-5734.

UFLEX (191) - Posted on 27th April "Face hurdle 216-219" whereas it went up to 223 on 28th April and from there already corrected to 181 so that is the base and now trade above 195 once again attack in upside 220 level.

SGJHL (242) - Support 242-232 and face last hurdle 264-268 and above that ultimate 318-320

CENTURYTEX (339) - Posted on 06th May . "Strong support exists at 323-319" as expected yesterday exactly it came down and took support at 323 and from there it moved  upwards and made a high of 341. now what next ? trade and stays above 338-342, upmove continue and go up to 360-366

BHUSANSTL (455) - Support 455-450 but trade below 445, this will become hurdle and fall continue and take support only at 410-400

BGRENERGY (490) -  As posted on 03rd may below 520 , yesterday it attacked the down target of 490 what next ? Now the support 490-494 but trade and stays below 485 fall continue to 435-430

BATAINDIA (454) - As posted on 07th april and remind on 20th april "above 425-435 , yesterday moved and nearing the first target  458-460 and now above this level ,  today it may face one more resist at 470-474 and above this, already mentioned  short term target of  535 & 580 intact.

NF (5548) - As posted, it took support at 5474-5434 level not one day  but two days (05th april low 5444 & 06th april low 5468) and from there as expected bounce backed also. what next ? Now  trade and stays above 5575-5595 take it to 5740-5760 in between resist at  5640-5660 In downside support remain same at 5474-5434.

SBIN  (2650) - As  posted on 03rd May "below 2650 it came down to the mentioned down target of 2565" and from there, it is moving up. now if trade above 2680 upmove continue to 2800-2820

M&M (714) -  Posted on 21st April "going to top out 781-801" whereas it went upto 779 on 25th april and from there fall started and  it came down to 684 Now timebeing correction over and  now above 717 go upto 747 and afterwards face the same hurdle 781-801.

CANBK(580) - Posted on 03rd may below 590 down target 520-510 whereas  it came down to 549 and shows reversal so now trade and stays above 585 go up to 608 & 638

BOMDYEING (350) -  Timebeing Correction over Now support 345-335 above this upmove 390-395 and afterwards 420-430

BAJAJAUTO (1319) - Timebeing fall over, Now above 1315-1305 upmove to 1405-1425

JISLJALEQS (185) - Two months consolidation almost over. now any time ready to upmove. Above 185 upmove to 195_205 and trade above 205 take it to 230 Downside support 177-174

NIFTY (5551) - Posted on 09th April  "About turn from 5944 to 5560"   whereas last week it came down to 5444. now what next ? Timebeing low formed at 5444 now once trade and stays above 5600 next upmove upto 5755-5785 In case, If trade below 5422 then further fall to 5350 and afterwards 5200 Remind once again as posted on 07th March. This Qtr. (Apr. to June) Nifty is in sideways  mode only . So in this kind of market, can't expect big targets  Macro range is remain same ( 5200 to 6000)

SILVER ($ 35.28)  -  As said in the above chart, posted on 30th April. Topped out at $49.82 and  expect vertical fall, down target $34_32.  The above said, vertical fall happened with in 5 trading session. (ie. from $ 48 to  $34). It was an once in life time opportunity. In silver, it happened  three decades ago (the year 1980) and   now the same thing happened once again. I don't know how many people, in the world,  gave this down target ($34_32)  when it was trading at $48. The thing is "The chart and the price is one but the difference is, how you read it" Now what next ? It seems time being it is bottoming out at $34_32 expect bounce back target $40_42  If it 2consecutive close below $32, then only next fall

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