Posts

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NF (5427) - Hurdle 5465-5475 below that, down target 5307 & 5265 in between support exists at 5360 In case trade above 5475 go upto 5525-5535 & 5585-5605

Orchid Chemicals & Pharmaceuticals

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ORCHIDCHEM (295) - Posted on 12th may "Face strong hurdle 321-325" as posted it hurdled  at 321 not one but two days on 16th may and 17th may and yesterday vertical fall happended and made a low  288 now what next ? now trade below 285 come down to 272  and ultimate 263

Larsen & Toubro

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LT (1507) - Below 1490 last hope 1460  but trade below that vertical fall to 1390 & 1310

Hindustan Unilever

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HINDUNILVR (309) - Already posted on 11th may above 293 upside target 320 already it made high 312 Now if trade above 312 then going to attack the mentioned target of 320 otherewise this is the top out

Coal India

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COALINDIA (374) - As posted on 07th April above 371-373, day before yesterday it exactly attacked the  mentioned resistance level of 401 and from there, yesterday it corrected to 370 also. now what next ? Now if break 370 then next support exists at 360

Century Textiles & Industries

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CENTURYTEX (311) - Already posted on 06th may itself "last hope and strong support 323-319"when the last hope broken, no need to say the down trend. it already came down to 310 Now 319-323 hurdle  below that expect 303-300 but if not take support here then fall continue to 280

Canara Bank

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CANBK (523) - Posted on 03rd May "Below 590 down target 520_510" as posted it broken 590 on 03r may itself and yesterday it attacked the mentioned down target when it made a low of 518. what next ? Last hope  505 but trade and close below that, then fall continue to 465.

Bhushan Steel

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BHUSANSTL (454) - Trade above 460 going to attack in upside 482_491

NIFTY - update

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NIFTY (5421) -  After fallen from 5900 to 5450, it consolidated between 5450 to 5600 for the past 8 days. now it  broken the consolidation in downside. so below 5450 expect in downside 5300-5280 As said earlier upside hurdle remain same at 5600
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NF (5450) -  Trade above 5474 go up to 5525-5535 & 5585-5605 trade below 5434-5424  take it down to 5360 & 5307_5265

Reliance Infrastructure

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RELINFRA (585) - Trade and Stays below 580, take it down to 544-540

State Bank of India

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SBIN (2415) - As said in the "Read First" in the side bar, This is one more proof. " Levels and strategy are given here. you only need ,apart from trading capital , patience and confidance to trade and earn." 1. 28th april posted here 2950 resistance expect correction as expected it resisted at 2950 and fall started.... 2. on 03rd may posted here, this round ultimate down target 2470-2450 yeterday it attacked the down target and even made a low 2401 1(a). (apart from this major fall, as posted on 03rd may it supported in between at 2565 and as mentioned on 09th may it resisted the mentioned level of 2680) now what next ? 2450-2470 become hurdle. even above this also face hurdle at 2565 2consecutive close below this level (already yesterday closed below this). further fall to 2140-2110 otherwise it going to be sideways for some time. PS.: This kind of elaborate write up is not to impress any body but just to inform, this kind of big trades can't co...

Tata Motors

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TATAMOTORS (1189) - Yesterday low of 1179 support. now in case if it trade and stays below, then, take it down to 1130-1125
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NF (5491) - Hurdle 5525-5535 & 5585-5605 Support remain same 5474_5434

Tata Steel

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

Ranbaxy Laboratories

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

Bharat Forge

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BHARATFORG (331) - Last hope and support 330-226 But trade and stays below that come down to 312-308
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AJANTPHARM (275) - Support 270-265 above this go up to  292-296 but above this,shortly going to attack the ultimte target  375-385
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NF (5581) - Range 5525---5625 Below 5525 take it down to 5474-5434 Above 5625 go up to 5740-5760

Lupin

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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.

The Federal Bank

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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

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

Silver - Reminder

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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
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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.

Orchid Chemicals & Pharmaceuticals

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

United Breweries

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. 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

JSW Steel

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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 Suzuki India

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

ARSS Infrastructure Projects

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

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

Hindustan Unilever

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

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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.

Shree Ganesh Jewellery House

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

Century Textiles & Industries

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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

Bhushan Steel

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

BGR Energy Systems

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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

Bata India

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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.
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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.

State Bank of India

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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

Mahindra & Mahindra

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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.

Canara Bank

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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

Bombay Dyeing & Mfg Company

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

Bajaj Auto

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

Jain Irrigation Systems

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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 - Up Next

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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 - seems bottoming out for time being at $34_32

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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
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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

HINDUSTAN OIL EXPLORATION CO.

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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