MURUGAVEL

NF (5070) - Hurdle 5120-5140 and again at  5180-5210 Support  5020-5000 and again at 4960-4940 But below 4960-4940 take it down to 4730 & 4604

BFUTILITIE (465) - Posted on 08th Aug . "below 616 down target 460-450" as posted yesterday it attacked the down target when it made a low of 421. now what next ? if stays below 450 then fall continue to 270-260

JUBLFOOD (947) - 02nd Aug. post repeat once again Support 886-870   above this upside target 925-945 & 995   Top out at 1030-1050

ORCHIDCHEM (203) - Hurdle 215-225 It seems pull back over at 213 so now once again come down to 169-165

PANTALOONR (288) - Support 280 but below that come down to 262-258

RELCAPITAL (413) - Posted on 03rd Aug. "below 512-502 down target 411-401" as posted now attacked the mentioned down target when it made low of 404. now what next ? Support zone 400-380 but below that ultimate target in down side 144-140 in between support exists at 280-270

SBIN (2170) - Repeat the 26th may post once again. support 2140-2110 below that down target 1986-1966 but below that fall continue to 1711

SINTEX (138) - Last hope and support 138-135 Trade and stays below that , going to attack in down side 92_81 in between support 122-120

TATAMOTORS (778) - Posted on 08th Aug "below 870 down target 770" as posted yesterday it attacked the mentioned down target when it made a low 772. now what next ? If not take support at 770 then fall continue to 748 & 724

VIPIND (840) - Posted on 12th Aug "above 760 upside target 835" as posted it moved and attacked the upside target and even closed above that also. now what next ? If stays above 835-825 upmove continue to 898-908

WIPRO (344) - Last hope and Strong support 336-332 Next down fall below that only Trade and stays below that take it down to 254-244

NF (5040) - All levels remain same now Resistance 5050-5070 and  Hope and Support 5010_4960 But below that take it down to 4730 & 4604 Above 5070 upside hurdle also remain same at 5180-5210

JETAIRWAYS (350) - Posted on 22nd june and reminder on 11th Aug. the posted levels are remain same and intact. "  Last hope and support   405_385 But below that down target 280 & 220"

EDUCOMP (274) - Already posted on 10th aug. Strong support 288-268 But in case if it trade below 260, then take it down to 218-215

DLF (189) - Hereafter Hurdle 205-215 and trade below 190   ultimate down target 114-112 in between support exists at 162-160

CIPLA (285) - Last Hope and Support 280_270 But below that , take it down to 230

CENTURYTEX (289) - Last hope and support 280-275 but below that going to attack in downsdie 168-164 in between support exists at 251 & 204-201

BANKBARODA (801) - Last hope and support 795-785 But below that going to attack in down side 583 in between support 623

AUROPHARMA (146) - Hurdle 150-155 and Trade below 140 take it down to 102 in between support at 127-125

NF (5074) - So last friday exactly moved as per the posted levels. that is made high 5181 and made low 5052.   Now no change in the levels and All levels remain same : Hurdle 5180-5210     But above that, go up to 5290_5340 In between  support exists at 5070-5050 Last Support 5010_4960  But below that , come down 4730 & 4604

TATAPOWER (1086) - Posted on 25th July "Hurdle remain same at 1324-1334" as posted it repeatly hurdled the above mentioned level. and from there already it crashed down to 1076. now what next ? On going fall going to arrest at 1032-1002 if not, then next level in down side 911

HEROMOTOCO (1890) - Support 1890-1880 above that upmove to 2000-2020 in between resist at 1950

GITANJALI (311) - As posted on 31st May already one round of trading over. Now above 310 once again upmove to 325-330 Down side support remain same at 290

BATAINDIA (698) - As  Posted on 01st aug. it attacked the upside target of 695   now what next ? above 695 upmove continue to 713_731

AXISBANK (1209) - Last hope and Support 1150 But below that down target 840_800  & 690 in between support exists at 1040-1020

If history is any guide, another oil-induced recession may be just around the corner, at least for the United States and some of the other developed economies. Every time that the cost of oil relative to global economic output has hit current levels -- and that's even after sharp falls in spot prices this month -- it has heralded a slump. And while economists and analysts say a serious slowdown can still be avoided, many add that unless oil and energy prices fall much further and -- most important -- stay down, the world economy could be in serious trouble. "We are in a danger area for the world economy," said Christophe Barret, global oil analyst at Credit Agricole. The warning signal flashing is what economists call the "oil expense indicator": the share of oil expenses as a proportion of worldwide gross domestic product (GDP) (oil prices times oil consumption divided by world GDP). Since 1965, this has averaged roughly 3 percent of GDP, and it has onl...

Robert Zoellick, President of the WORLD BANK World Bank chief Robert Zoellick warned of a "new and more dangerous" time in the global economy today, with little breathing space in most developed countries as a debt crisis hits Europe . Zoellick said the Eurozone's sovereign debt issues were more troubling than the "medium and long-term" problems which saw the United States downgraded by Standard and Poor's last week, sending global markets into panic. "We are in the early moments of a new and different storm, it's not the same as 2008," said Zoellick, referring to the global financial crisis. "In the past couple of weeks the world has moved from a troubled multi-speed recovery -- with emerging markets and a few economies like Australia having good growth and developed markets struggling -- to a new and more dangerous phase," he said in an interview with the Weekend Australian newspaper. People were in less debt than du...

Kumar Mangalam Birla (The Author is chairman of Aditya Vikram Birla Group) India's economic vision and forceful assertion are critical after US downgrade leading to global stock market crash An unmistakable phenomenon of our times has been the sharp accentuation of uncertainty about the future course of the global economy. The events of the past two weeks say it all - the impasse of the US Congress on debt reduction, the consequent downgrading of the US by S&P, a global stock market crash, a 15% collapse in oil prices and sharp rise in gold prices Clearly, such pronounced volatility is highly disruptive, both for the global economy and for business. This is a schizophrenic economic world. The developed economies are mired in high unemployment, slow growth and high fiscal deficits. Asia and other emerging economies are experiencing high growth and a relatively better fiscal situation. While one part of the world is trying to induce growth with loose money, another part i...

NF (5128) -   All levels remain same : Hurdle 5180-5210     But above that, go up to 5290_5340 In between intra-day support exists at 5070-5050 Support 5010_4960  But below that , come down 4730 & 4604

LOVABLE (451) -  Hurdle 460-480 but above that going to attack in upside 590 (simply Post IPO operation it happen in coming days like Aanjaneya)

VIPIND (762) - As posted on 29th July "below 835-825 it came down to the mentioned down target of 760-740 and even made a low of 702 and from there it bounce backed to 770 also" now what next ? If trade above 760-770 upmove continue to 825-835

NF (5149) - All levels remain same : Hurdle 5180-5210     But above that, go up to 5290_5340   In between intra-day support exists at 5070-5050   Support 5010_4960  But below that , come down 4730 & 4604

RANBAXY (496) - Below 505 take it down to 440-430                                 in between support 482-478

JETAIRWAYS (410) -  Posted on 22nd June itself regarding its macro view. Still it is valid and levels intact.

CANBK (454) - 01st Aug posted target 386-376 whereas it came down to 401 from there pullback is going on. Pull back going to terminate between 475-495

BAJAJ-AUTO (1486) - Last hurdle at 1500-1510 But trade and stays above that ultimate target in upside 1836 ! in between resist at 1565 & 1665

ABGSHIP (374) - Below 380-382 last hope and support in downside 268-264 But below that take it down to 342_332

NF (5096) - Hurdle 5180-5210   But above that, go up to 5290_5340 Support 5010_4960  But below that , come down 4730 & 4604

EDUCOMP (275) - Posted on 04th aug only this is one more reminder Last hope and support 268-288 This is double bottom Expect strong bounce back

HINDALCO (148) - Yesterday low of 143 is the timebeing bottomed out so hereafter trade below 140 only next big down move. otherewise from here it going to move up. Support 145-140 and trade above 154-156   upmove 175-177  and afterwards  186-188

JUBLFOOD (765) - Posted on 04th Aug " below 780-765 down target 710-690"  it came down to 711 on 05th aug. and from there it moved up and yesterday closed at 765 now what next ? above775-785 upside target 870-885

LT (1612) -  Support 1610-1590 above that upmove to 1660-1680  and afterwards 1760-1780

MCDOWELL-N (900) - Double bottom  at 875 so this is the support and above 915 upmove to 950 and 990-1010 But below 870 take it down to 810-790

PANTALOONR (309) -  Above 315 upmove to 334-336

SBIN (2222) - Above 2248 upmove to 2330-2340  and afterwards 2380-2390

SRTRANSFIN (598) - Posted on 02nd aug. "Below 650 down target 590-570" as posted it attacked the down target and holding this level for the last five days. now what next ? Support 590-570 and trade above 615-620 move upto 650-660 and afterwards 690-700

In the last 6 trading sessions, FII sold  $ 1.45 Billion and Market down by 10% ie .Made high 5552 on  01st Aug 2011 and made low 4946 today. Data for FII from 01-08-2011 to 09-08-2011 (In Rs. Crores) Date Buy Value Sell Value Net Value 9-Aug-11 2410 4515 -2104.6 8-Aug-11 1642 3028 -1385.8 5-Aug-11 2179 3968 -1789 4-Aug-11 2399 2654 -254.55 3-Aug-11 1915 2784 -869.69 2-Aug-11 1854 2055 -201.68 1-Aug-11 1861 1774 86.83 NET SELL VALUE -6518