MURUGAVEL

LT (818) - Posted on 23rd July "support 890-870 but below that down side target 660-640" as posted it broken the support on 24th July and from there fall started and it made low 677 on 28th Aug (Rs.17 shortfall for the mentioned down target) and from there bounce backed and up to yesterday it made high 832. what next ?  Now if trade and stays above 830 then 830-810 become support  for this upside target 915-935

M&M (827) - Posted on 05th Aug "last hope and support 835-805 but below that down side target 620-590" whereas after broken the support it came down to 750-740 range only and repeatedly took support almost three times and from there bounce backed and yesterday it attacked  835 now what next ?  mentioned resist remain same that 805--835 But in case trade and stays above 835 then  835-825 become support or even up to 805 for this upside target 909-929

PNB (497) - Posted on 21st June "below 700-690 down side target 400-390" on the posted date it made high 694.60 and mentioned down side target attacked on 04th Sep . (exactly it made low 400.20) and not only that it took support there and from there moved up and  as on yesterday it made high 500 now what next ?  face resist 510-520 but above that up move continue to 615-630

RAYMOND (229) - As posted on 10th Sep. yesterday it attacked the mentioned upside target of 225-230 (made high 232.45) now what next ?  Now if stays above 225-230 then up move continue up to 270-275 in between resist at 245-250

RELCAPITAL (350) - Resistance 348-352 But trade and stays above that upside target 407----420 in between resist exists at  377-382

HAVELLS (646) - Resistance 648-653 But trade and stays above that upside target 705-710 in between resist at 672-677

ICICIBANK (970) - Reminder post was posted on 04th Sep when it was trading at 780 "between 775-725 support zone only" as posted it took support and from there it moved up and yesterday it made high 982     (that is previous post (18th July) mentioned break down point.  ) now what next ?  already mentioned level remain same that is .. now resistance 980-1010 and once again expect in down side 900-885 In case trade and stays above 1010 only next up move 

CENTURYTEX (237) - Support 236-232  Above that upside target  270-274

AXISBANK (998) - Posted on 02nd Support "double bottom support at 790-770" as posted exactly took support (in intra-trade it made spike low 763 but on the same day itself closed at 800 that is on  04th Sep) and from there it moved up  and on 05th Sep. during trading hours updated via twitter about its upside and below is the embed of this tweet Axis Bank http://t.co/VzIVwR36wN / and immediate term 905-920 is resist but trade and stays above that next in upside 1009-1029 — MURUGAVEL (@murugavell) September 5, 2013 and as tweeted yesterday it attacked the mentioned target of 1009-1029 (made high 1025.70) and from there yesterday closed at 985 so now that was the resistance and if not move beyond once again expect 920-900 and beyond 1029 also face once more resistance exists at 1060-1090

ASIANPAINTS (445) - Support 435-430 Above that upside target  490-495

PFC (122) - Posted on 26th July "below 130-134 down side target 101-97" as posted it came down to 97.30 on 02nd Aug and from there bounce backed to 123 on 14th Aug and once again came down to 99.15 on 28th Aug and now once again bounce backed till last Friday it made high 122.70. Now what next ?  Above 124 once again face resist at 134-138  and above that next resist exist at 144-148

RAYMOND (193) - Already time being bottom formed at 175  so hereafter if it trade and close below that only next down fall  otherwise expect in upside  225-230

RELINFRA (366) - Posted on 21st June and once again remind on 05th Aug "below 302-298 next big down move" whereas both time it took support at around 310 level and bounce backed and now trading at 365 level.   what next ?  now resistance 365-375 But trade above that upside target 425-435 in between resist at 397-402

SBIN (1634) - Now face resistance 1650-1680 But trade and stays above that upside target  1830-1860

TITAN (227) - J une 12th itself posted last support 215-210 as posted it took support at this level (even though made low 200) and bounce backed to 289 on( 05th aug.) and from there fall started once again and took support at 215-210 level (made low 205 on 28th Aug) and from there once again  pull back is going on. what next ?  Now face resistance 235-240 But trade and stays above that  upside target  265-270

YESBANK (293) - After made low 216 till now made high 296 now face resistance 305-320 But in case trade and stays above that next in upside 385 &  420

NF (5697) - Already posted here Above 5495-5525 upside  target and resistance of 5750-5780  it remain same and intact  now in case trade and stays above 5750-5780  up side target extended to 5825-5850  and beyond that 5940-5960 and now no need to change the down side support  also that is 5525-5495  & 5460-5440

ACC (962) - As reminded on 04th Sep it was once again took support at the mentioned level of 920-900 (made low 914 on 04th Sep itself) and  from there pull backed and made high once again 975 (it is second time attacking 975 from the mentioned support level). now what next ?  trade and stays above 970-980 pull back continue to 1010-1040 

NF (5607) - Already posted on 03rd Sep. itself That is above 5525-5495 next in upside 5750-5780

HINDUNILVR (628) - Trade and Stays Above 628--618 up move only Upside target  663  &  683 

GODERJIND (264) - Now support 262-257  and above that  upside target  292-297

BANKNIFTY (9682) - Posted on 18th July, when it was traded at 10971 posted here break below 10880 Ultimate down side target and support 8363 with in between support at 10100-10255 . as posted it broken and closed below 10880 on 24th July and it EXACTLY attacked the mentioned down side target of 8363 (MADE LOW 8366 ON 28th Aug) and not only attacked the down side target and but took support there and as on yesterday it made high 9704. s o now what is the upside target and resistance ? No need to find new target and resistance, it itself available in the same post itself. that is 10100-10255 (it may differ +/- 100) (that is previous support now becomes resistance)

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NF (5344) - So as posted yesterday it broken 5460-5440 yesterday itself  and started afresh next round of fall and moreover yesterday itself it crashed up to 5323  and now the downside target 5140-5110 in between support 5215-5195 and upside resist remain same at 5460-5440

ICICIBANK (783) - Posted on 18th July "below 990-1010 down side target 775-725" after this post repeatedly resisted at 990-994 range (high 994 made on 24th July) and from there fall started and mentioned down side target attacked on 28th Aug when it made  low 757 and from there it pull backed up to 834 yesterday  and fall once again and made low 776 yesterday . mentioned support range remain same at 775-725

HCLTECH (1024) - As posted on 29th Aug Exactly it attacked the mentioned upside target of 1050 on 02nd  Sep. and  correction also started  Now if not move beyond 1050 correction target 1000-990 &  960-950

FEDERALBNK (230) - Already mega break down happened below 330-320 last month itself and now the fall is going on  now sighting the support only at 110-90 may be in between support come and go then and there that is 195-190 and 155-150 but as long as stays below 330-320 the down side target is remain same. 

ACC (930) - Posted  on 20th Aug "below 1110-1080 down side target 920-900" as posted it broken 1080 on 20th aug. and already attacked the mentioned down side target when it made low 911 on 28th Aug and from there it pull backed to 976 and now once again yesterday attacked 927.  now what next ?  Support remain same at 920-900 but trade and stays below that next in down side  820-800 & 720-700

NF (5555) - Support 5525-5495  & 5460-5440 Above that upside target   5750-5780 But trade and stays below 5460-5440  then can assume that  pull back rally over and ready for another fall

PEL (625) - Before read this post just click here to see the previous post so now attacked the mentioned upside target perfectly and now  what next ?  Hurdle remain same at 635-655 But trade and  stays above that then the Ultimate upside target   860-880 in between resist at 755-785

. PIDILITIND (230) - Above  230-225 upside target 250-255  

RELIANCE (886) - Posted on 31st July "below 845-835 down side target  780-760" as posted it broken and closed below 835 on 16th Aug and exactly it attacked the mentioned down side target on 28th Aug (made low 764) and from there it moved up and up to yesterday it made high 890. Now upside target and hurdle  910-930 and  support exists at 845-835 and below the support once again next in down side  780-760

ZEEL (234) - Above 233-229 upside target 258-262

AXISBANK (833) - As posted on  18th July "below 1200 it attacked the down side target of 855-835" not only that it made low 784 (That is exact double bottom within four years) Now what next ?  Now trade and stays below 790-770 next in down side 535-515

USDINR (65.71) -  If it hold above 65 then the upside target 70+ and afterwards 74+ But stays below 65 then the down side target 61+

BHARATFORG (252) - Yesterday break out happened  So Now support exists at 248-237 Above that upside target  307-318 

HCLTECH (980) - See post dated 02 Aug . as posted  in this month itself it resisted at 950-955 level not one time but two times and as posted supported at 895-885 level this also not one time but two times and at last yesterday it broken and closed above 955   now what next ?  so now previous resistance become support that is now support 960-950 above that now upside target 1035-1050 (Positional target of 1440-1460 posted on 08th March itself)

DLF (132) - See post dated 18th July "as posted below 160 came down to 122 on 06th Aug and from there bounce backed to 160 on 14th Aug and 21st Aug and from there once again yesterday came down to the mentioned down side target of 122. So all mentioned levels are remain same and intact 

CAIRN (325) - Hereafter support 313-310  and trade above 330 upside target 354

NF (5284) - Already posted levels are remain same  that is below 5300-5280 next in down side 5220-5200 But in case trade and stays below that next down side target 5000-4970

ASIANPAINT (410) - Posted on 01st Aug Support 500-490 but it broken the support on 05th aug and from there non stop fall to 412 and after a pull back up to 444  and once again made low 398 and  once again pull backed to 435 and now trading at  410 now what next ?  Once again Recent low  of 398 is Support  But trade and stays below 398-394 next in down side  382-380, 362-360 &  346-342

ALBK (68.30) - Support level  70---65 and real up move, if it hold  above 75 only  But below the support then down side target 56-54  & 46-44

IDFC (94.75) - Below 94 last hope and support 90-86 But below that down side target 66-62

TATASTEEL (282) - Posted on 05th March "below 358-362 Ultimate down side target 170-160 with 4 between supports, whereas it came down to 195(mentioned target incomplete) and from there already moved up 284. now already mentioned in between supports become resistance

JSWSTEEL (545.90) - Posted on  17th July "Last hope and support 563-555 but below that another break down going to happen that take it down to 465-460" Exactly It happened. On 29th July it Closed below 555 and on 19th Aug it attacked the mentioned down side  target of 465-460 (made low 462) not only that, it also took support there and yesterday once again come to the mentioned  upside  level of 563-555 (made high 557) .  what next ?  Now target and hurdle 575-585

ITC (301) - On 15th July Posted upside target 378-384 and as posted it went up and made high 380 on 24th July and from there it is falling down and up to yesterday it made low 296.  now what next ?  Below 310 further fall only  down side target  286-282  &  273-270

DABUR (149) - Posted on 14th May "Top out hurdle 166-174" as posted not one time but two times it attacked the top out hurdle and from there fall started and up to yesterday it made low 145.65. now what next ?  On going fall going to arrest at 144-139 But trade and stays below next in down side 112-108

AMBUJACEM (156) - Below 163 down move only  target 144-140  and below that  114-110