MURUGAVEL

NF (4754) - Yesterday also once again resist the mentioned resistance level (made high 4792) so all levels are remain same :   Resistance 4780-4810 and above that 4840-4860   But trade and stays above can move up to 4930-4950 or optimum 5004-5024. (in this area we have multiple resistance so we should give respect all the levels, no other way) Down side support remain same 4706-4686   and below that 4622-4592  

SRTRANSFIN (490) - The following is post of 02nd Jan " Last friday it came down to 417 so now this is the target and support" As posted even on 02nd jan also it made low  417  and yesterday it made high  497. what next ? now face hurdle 505-510 and beyond also next hurdle 525-530

BPCL (460) - As posted yesterday it should break 475 whereas it was not happened and closed at 460 so now it is crucial for the next move. If trade and stays below 460 down target 412-402 Otherwise yesterday mentioned upside target intact.

NF (4753) - Yesterday also resist the mentioned resistance level (made high 4799) so all levels are remain same : Resistance 4780-4810 and above that 4840-4860   But trade and stays above can move up to 4930-4950 or optimum 5004-5024. (in this area we have multiple resistance so we should give respect all the levels, no other way) Down side support remain same 4706-4686 and below that 4622-4592

JSWSTEEL (585) - As posted on 03rd Jan "above 535 attached the mentioned upside target of 596 (made high 602) what next ? Now it seems topped out at 602 so trade and stays above only next up move Now trade and stays below 576  once again come down to 535-525.

CANBK (387) - if not break 380 and trade above 392, upside target 420-424

BPCL (471) - yesterday timebeing low formed at 461 so now trade and stays above 475 pull back target 498-502 and afterwards 525-529

BATAINDIA (555) -   Now Resistance 560-565 But trade and stays above that upside target 605-610

ADANIENT (278) - Trade and stays below 279 down target  204_184 in between minor support 262 & 242 upside hurdle 300-310

NF (4777) -  As posted Yesterday, above 4686-4706 it moved the mentioned level of 4780-4810 (made high 4794) now what next ? Levels remain same : Resistance 4780-4810 and above that 4840-4860 But trade and stays above can move up to 4930-4950 or optimum 5004-5024. (in this area we have multiple resistance so we should give respect all the levels, no other way) Down side support remain same 4706-4686 and below that 4622-4592

LT (1061) - Levels are posted on 22nd Dec. itself. All levels are remain same and intact.

SBIN (1706) - Levels are posted on 21st nov and reminded on 19th dec. it behaved exactly as posted. that is from 1711-1698 it came down to the mentioned down target of 1598-1592 (made low 1571 on 20th dec and once again 1590 on 29th dec.) and now from there it once again yesterday came up to the mentioned level of 1698-1711 (made high 1710) now what next ? Resistance remain same 1698-1711 But trade and stays above that up move continue to 1794-1814

TATAMOTORS (194) -   Resistance 193-196 But above that up move target 208-211

TATASTEEL (362) -  As Posted on day before yesterday It supported exactly the mentioned support level of 335-330 (made low 332) and yesterday it moved up and made high 363. now what next ? trade and stays above 365 up move continue to 380-390

TCS (1198) -  Resistance 1200-1210  But above that upside target 1240-1255

WIPRO (416) - A lready posted on 26th Dec. All levels are remain same. it is only a reminder.

YESBANK (246) -  As posted on 02nd Jan. it supported mentioned last hope of 232-222 (made low 230) and from there yesterday it moved up. Upside target and resist 256-266 But If not resist there, then up move continue to 290-296

NF (4650) - Yesterday price pattern looks timebeing low formed at 4592 so now support 4622-4592 But upside resist remain same at 4686-4706 but above that up move continue to 4780-4810 But below 4592 down target also remain same at 4502-4472.

JSWSTEEL (537) - Now support 535-525 Above that upmove target 576-596

CENTURYTEX (222) -  Already made double bottom at 216 So this is the support and expect pull back 238-248 But trade and stays below 216 take it down to 194-190

NF  (4626) -  Resistance 4686-4706 But above that 4780-4810 Support 4636-4612 But below that 4502-4472. Intraday in between support 4554.

ABGSHIP (392) - Face hurdle 395-399 But trade and stays above that upside target 420-424

INFY (2767)  As posted on 28th Nov. It took support at 2600-2570 (made low 2561 on 30th Nov.) and from there it is moving upward only and now trading around 2800-2750 levels now what next ? If not break 2740-2715 upmove continue to 2850-2870

MARUTI (918) - Last hope and support 910-900 but trade and stays below that go down to 875-860 and afterwards, ultimate down target in this round 820-800

ORIENTBANK (196) -  Posted on 9th Aug. and reminder on 26th Sep "below 310-300 down target 202-198" Already  it came down to the target on 29 & 30th Dec 2011.(made low 193) and even closed below that also. now what next ? Now Trade and stays below 193-190 fall continue to 152-142

SRTRANSFIN (421) - From 26th Sep. 2011 onwards several times posted here "Below 590-570 down side Target 415-405 " Last friday it came down to 417 so now this is the target and support But in case trade and stays below that fall continue to 335-315

TATASTEEL (335) - As reminded on 13th Dec. "Below 390 down target 335-330" last friday it made low 334. so now as posted 335-330 is support but below that as mentioned in the same post, fall continue to 290-288.

YESBANK (238) - Last hope and support 232-222 But trade and stays below that short term down target 156_126

NIFTY (4624) - In 2011, It was down by 25% and almost closed lowest point. Now what is in 2012 ? In any rally it face hurdle at 4950-5050 and above that  5400-5500 and now Downside target   3800-3700 In between support 4410 & 4040. In short, the levels are : 5500-5400 < 5050-4950 <> 4410 > 4040 >> 3800-3700

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BANKINDIA (276) - Posted on 23rd Nov "Downside  support 290-300 but below that next down move" already confirm the down fall so now below that down target  225

NF (4759) -  For the last few days,  Repeatly mentioned here , Resistance 4780-4810 (yesterday made high 4808) and from there it came down to 4725 and closed at 4759 So All levels remain same. No need to change. Resistance 4780-4810  and above that 4840-4860   Support 4706-4686   but below that 4636-4612 & 4502-4472

NF (4783) - All levels remain same : Resistance 4780-4810 and above that 4840-4860 Support 4706-4686  but below that 4636-4612 & 4502-4472

GITANJALI (312) -  Posted on 08th Dec "Hurdle 340-346" as posted exactly hurdled at 344 on 08th dec and from there it fell down and last three days repeatly  made low 310. what next ? so now this is the support and trade above 315 may expect  a pull back But trade and stays below 310 next attack in down side 289-284

BFUTILITIE (309) - Posted on 21st Dec. "last hope and support 270-260" as posted it took support (made low 259) and from there already bounce backed to 314. what next ? Now Face resistance between 330_345. 

NF (4723) -  All levels remain same :   Support   4706-4686   above that already mentioned next upside and  resist level   4780-4810    intact   and above that 4840-4860   below the support level   next target it down side   4632-4612   & 4502-4472 also remain same

WIPRO (406) - Support 392-390 and  stays above 405   once again upmove to 418-423 and afterwards  445-455

SUNTV (292) - As posted on 09th Dec, it came down to the mentioned down target of 265-260 (repeatly made low 257-255) and from there once again bounce backed and now attacking the mentioned hurdle of 295-300 (friday made high 296) now what next ? Hurdle remain same at 295-305 But trade and stays above that up move continue  to 345-355

PFC (133) -   Last hope and Support 130 Trade and stays below that short term down target 87-77

NF (4753) - All levels remain same : Support   4706-4686   above that already mentioned next upside and  resist level   4780-4810    intact   and above that 4840-4860   below the support level   next target it down side   4632-4612   & 4502-4472 also remain same

HINDUNILVR (408) - Hereafter support 404-394 above that upside target 433 minor resist at 424

CANBK (365) - yesterday timebeing bottom made at 355 so here after  trade and stays below 355 only next down fall that take it down to 305-295 otherwise from here expect pull back 390-400

BGRENERGY (187) - Yesterday timebeing bottom out at 174 so now stays above 182-180 expect  pull back 205-210

AXISBANK (874) - Support 865-855 above that can move up to 925-950

NF (4722) - so yesterday also posted levels gave the perfect trade. now what is in ? Support 4706-4686 above that already mentioned next upside and  resist level 4775-4800  intact   and above that 4840-4860 below the support level next target it down side 4632-4612 & 4502-4472 also remain same