Posts

Tech Mahindra

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TECHM (975) - See the reminder post dated 17th Dec. 12. Yesterday it made high 984.75

Oil & Natural Gas Corporation

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ONGC (302) - Time being Top Out 306-312 Expect correction 291___281 But in case trade and stays above that up move continue to 340-346
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NF (5999) - Resistance 6050-6080 Support 5965-5935 Above the resistance  next in upside 6155-6185   But below the support next in down side  5875-5845.      

Hindustan Unilever

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HINDUNILVR (519) - Already Posted on 17th Dec.2012 and as posted at that time exactly took support at 515 and from there went up to 536 not one time but two times and now once again come down to the mentioned support level. so already mentioned all levels are remain same and intact.

Jindal Steel & Power

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JINDALSTEL (448) -  Last hope and support 443-438 But trade and stays below that next in down side 410-405

Tata Motors

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TATAMOTORS (327) - Already posted on 20th Dec " in case if it trade and stays above 320-324 then ready for next big up move"   Yesterday it closed above 320-324 and one more close above that then ready for a another big up move If it happen then short term upside target 374-384 & 415-425

Unichem Laboratories

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UNICHEMLAB (201) - Face Last resistance at 208-213 But trade and stays above that up side target 224-226  and afterwards 235-238
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NF (6041) - All levels remain same  :     Now Support 6035-6005 (even though yesterday made low 5993)    Above that next in upside 6155-6185   But below the support next support at 5875-5845.   

Reliance Infrastructure

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RELINFRA (567) -From the recent low of 444,  it already moved up to 569 Now what is in ? Hurdle 575-585 In case, if it  trade and stays above that, then  ready for a another big up move. For this,  short term target 710-723 in between resist at 675-685

Pantaloon Retail (India)

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PANTALOONR (266) - Regarding its mega upside movement  here already posted on 28th nov itself. as posted first it attacked the mentioned target of 258-262 and now trading above this level.. Now what next ?  Above 262-258 already mentioned  next upside target of 283 remain same  and afterwards 295-300 In this round short term Ultimate upside target 353-363 In down side strong support exists at 233-226  & 212-206

Godrej Industries

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GODREJIND (330) - Support 328-323 Above that upside target 372 In between resist at 346-351

Glenmark Pharmaceuticals

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GLENMARK (543) - Resistance 550-555 But trade and stays above that upside target 581_593
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NF (6017) - All levels remain same  :     Now Support 6035-6005   Above that next in upside 6155-6185   But below the support next support at 5875-5845.      

Maruti Suzuki India

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MARUTI (1584) - Posted on 20th Nov. "Above 1490 upside target 1560-1585"  as posted yesterday it attacked the target when it made high 1601. now what next ?  Resistance 1585-1605  expect reversal or at least correction. But in case trade and stays above  that  up move continue to 1802-1807 in between resist at 1730-1750

Tata Chemicals

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TATACHEM (375) - Hurdle 375-380 But trade and stays above that upside target 446-451 In between minor resist at  392-397
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NF (6047) - All levels remain same  :  Now Support 6035-6005 Above that next in upside 6155-6185 But below the support next support at 5875-5845.      

Wanting to void trades, NSE refuses to pay for freak trade by Emkay Global

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N ational Stock Exchange (NSE) has withheld payment to a few beneficiaries of a freak trade by brokerage Emkay Global and may consider annulling these trades, said a few brokers aware of the development. The incident, which took place in early trade on October 5, caused trading to stop for 15 minutes after the Nifty tumbled over 15% within seconds. It also burned a Rs 51-crore hole in Emkay's pocket. In a recent letter to the trade's counterparties, the exchange has reportedly sought an explanation as to why the trades should not be annulled. Mumbai-based Inventure Growth & Securities and Ankit Financial Services are among the beneficiaries which confirmed having received NSE's letter. An email questionnaire to NSE asking if it had indeed sent out letters to the beneficiaries went unanswered. "...you and those of your clients on whose behalf the said trades have been executed are hereby called upon to offer your explanation as to why all or any ...

State Bank of India

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SBIN (2486) - On 06th Dec posted Target 2467-2497 as posted last Friday it attacked the mentioned target (made high 2493). so from the mentioned support of 2040 (posted on 21st Nov) to 2493 within 2 months. Now what next ?  Face hurdle 2503-2533 But trade and stays above that Ultimate upside target 3148-3178 in between resist exists at 2818-2848 & 3075-3090

Sintex Industries

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SINTEX (70.25) - Above 71.50-72.50,  face last hurdle 75.50-76.50 But trade and stays above that next in upside  92-95 ------ 104-108 --------126-129 and afterwards Ultimate 158-162 Down side support 64-62

Dewan Housing Finance Corporation

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DHFL (214) - Face Last Hurdle 218-224 But trade and stays above that upside target 268-272

Infrastructure Development Finance Company

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IDFC (183) - Already posted on 02nd Nov.12 itself.  Just reminder only As posted already it closed  and hold  above the mentioned resistance.

Zodiac Clothing Company - POSITIONAL

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ZODIACLOTH (254) - In the last three days it moved from 181.80 to 269.25 ,th at is nearly 50% Now what is in ?  Even though it moved up,it seems, it is only a beginning for a mega upside movement. Now Going to face Last hurdle  266-286   Trade and Stays above that  Short Term Ultimate Upside Target 636-656 in between resist  exists at 355-365 Hereafter down side support exists at 233-223 ***** Note : Here so many positional calls are given but who can  make use of it fully ? Those "One who believe and understand the given levels, one who create and hold the position and one who have patience" 
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NF ( 6035) - All levels remain same  :  Now Support 6035-6005 Above that next in upside 6155-6185 But below the support next support at 5875-5845.

Pidilite Industries

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PIDILITIND (231) - See post dated 08th Nov.  yesterday attacked the  mentioned upside target of 233-236 (yesterday made high 235). Note : Here so many positional calls are given but who can  make use of it fully. Those "One who believe and understand the given levels, one who create and hold the position and one who have patience" 

Rural Electrification Corporation

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RECLTD (256) - See post dated 05th Dec.  and till yesterday it made high 257.50 so now all levels remain same

Yes Bank

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YESBANK (488) - Posted on 18th Sep " hurdle 387-397 But Trade and stays above that Short term upside target 492-502" As posted it broke the hurdle in Oct 2012 and from there it is moving up and Yesterday it made high 489.6 so now the target almost attacked but the target going to be complete today or within days.

Zee Entertainment Enterprises

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ZEEL (231) -  See the reminder post dated 26th Dec. Perfectly took support at 218 for the last three days  and  once again yesterday move started.  so now all mentioned levels are remain same and intact.
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NF (6007) - Levels remain same :   Resistance 6005-6035    Above the resist, next in upside 6155-6185   Support  5875-5845  

Birla Corporation

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BIRLACORP (322) - Support 320-312 Above that upside target  356-366   in between resist at 332-336

Bank of India

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BANKINDIA (360) - Posted on 19th Dec "Above 315 upside target 362-366" as posted yesterday it attacked the mentioned upside target (made high 362.85) now what next ?  in case trade and stays above 362-366 then up move continue to 397-409

Bank of Baroda

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BANKBARODA (883) - On 24th Sep posted here "top out 860-880" but yesterday only it attacked the mentioned  top out level. now what next ?  So hereafter support 880-860   & 840-830 As long as hold this level then the short term ultimate upside target 1146-1166 and the in between resists are 960-970 , 996-1008 and 1048-1058. Note : Give respect all the mentioned levels.

Allahabad Bank

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ALBK (174) - Posted on 04th Dec. "above 155 upside target 178" as posted on 05th Dec it broken 155 and till yesterday it made high 175.45. so now the mentioned upside target rearing.. and now if trade beyond 178 then up move continue to 186-188  & 195-198

Housing Development and Infrastructure

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HDIL (115) - Posted on 06th Dec. "Hereafter support 110-104" as posted it came down and took support at 105 on 24th Dec. and from there the up wards journey started and now the mentioned upside targets are remain same and intact.
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NF (5952) - Levels remain same :  Resistance 6005-6035 Support  5875-5845   Next movement going to happen only break and stays either above the Resist or below the Support  levels Until then this is the trading range.      

Punjab National Bank

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PNB (871) - Top out 870-890 (this was said on 24th Sept.2012 itself) But in case trade and stays above that short term upside target 1080-1100

Gitanjali Gems - POSITIONAL

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GITANJALI (532) - Posted on 21st Nov. Above 475-495 ready for a big upside movement and said first  upside target 540-550  as posted yesterday it attacked the mentioned upside target (made high 541). Now what is the mega upside target ?  Hereafter major support exists at 490-460 Above that short term ultimate upside target 948-968 in between resist exists at 677-687 & 754-764

Exide Industries

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EXIDEIND (144) - As posted on 26th Dec. It supported the mentioned hope and support level of 137-135 (made low 136 on 26 & 27th Dec) and from there it moved up and yesterday made high 145.50)  now what is in ?  Mentioned support of 137-135 remain same and now trade above 144 go up to 152-155 and above that next in upside 165-167
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NF (5955) -  Levels remain same :  Resistance 6005-6035 Support  5875-5845 Next movement going to happen only break and stays either above the Resist or below the Support  levels Until then this is the trading range.        

Jyothy Laboratories

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JYOTHYLAB (163) - See the Positional Post dated 11th sep and as posted it attacked the first target of 201-206 on 30th nov (that day made high 211) and from there corrected and exactly took support at the mentioned break out level of 161-156 (in the last 5 trading session it repeatedly took support at 161-156 level) . so now the reminder is : see the given levels nothing else

Tata Communications

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TATACOM (237) - See post dated 17th Dec. about its double bottom at 221 and said in the same post for this bottom support of 221-218 and mentioned upside target 237-240. After this above post it repeated took support at the mentioned level of 221-218( came down to 220 on 24th Dec and 221 on 27th Dec,) and last Friday it moved up  and attacked the mentioned upside target (made high 238.80) . now what next ?  Mentioned target and resist remain same at 237-240 But in case trade and stays above that next in upside 260-265

Torrent Power

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TORNTPOWER (190) - Already posted on 20th Dec. Just click here and read. As posted last Friday only it  crossed and closed above the mentioned resistance so now it become support and the mentioned target remain same and intact.

Union Bank of India

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UNIONBANK (275) - Already posted on 17th Dec. " going to top out between 275-285 But In case trade and stays above that ready for  next up big move " and up to last Friday  it made high 275.30 in case if it trade and close above the mentioned top out level,  then will post the mega upside target 

Wipro

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WIPRO (392) - As posted on 29th Nov. it attacked the mentioned upside target of 400-404 (made high 400 on 04th Dec.) and from there it corrected up to 366 on 16th dec and from there now moving up and last Friday it made high 392.95. Once again target and resistance remain same 400-404 But trade and stays above that next in upside 431-434
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NF (5930) - Based on  Jan 2013 expiry Fut. premium now the levels are changed accordingly. Resistance 6005-6035 Support  5875-5845 Next movement going to happen only break and stays either above the Resist or below the Support  levels.

Sudar Industries

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SUDAR (174) - Resistance 177-181 But above that upside target 208-212 and afterwards 232-236 Down side support exists at 150_140

NIFTY OPTION STRATEGY FOR JANUARY 2013

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T his is New year gift from murugavel.com for the new year 2013 NIFTY option strangle strategy for January 2013 expiry Strategy  : Buy 6100 CE (43) and 5800PE (41) :  both will cost Rs.84/- (as per yesterday close ) Reward   :     Double or more  , in either one side of the option Risk :  50% of the Buying cost. Reason : Till now lowest monthly  spread happened in Dec. 2012.
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NF (5913) - Below mentioned levels are repeatedly posted here from 10th Dec. onward and as usual all levels are remain same (because this month, till now it is trading in the tight range) :    Support 5840-5810    (on 18th Dec. exactly it attacked and made low 5838 and from there  moved up and made high 5961 on 19th Dec. and last Friday once again it made low 5947)   But below that next in downside 5745-5715   Resistance 5975-6005 ( on 11th Dec made high 6003 and  once again 19th Dec it made high 5961)   But above that next in upside 6083 & 6155 

Berger Paints (I)

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BERGEPAINT (160) - Now support 156-152 Above that upside target 182-186

Mahindra & Mahindra Financial Services

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M&MFIN (1118) - Already posted on 12th Nov. itself. It is only a reminder... Till yesterday it made high 1128