MURUGAVEL

LICHSGFIN (362) -  Now support 353-343 above that upside target 430--450

POWERGRID  (145.80) - Support 144-141   upside target 166-169 But above that ready for big up move  ULTIMATE UPSIDE TARGET  280-290 with in between resist at 153-156

SKSMICRO (326) -  Support 323-316 above that upside target 343-353 above that next upside target 415-425

TATACOMM   (402) - Posted on 16th Oct as" resist 385-390 But trade and stays above that  next upside target 405-415" now what is in ? As posted last Friday it made high 405.50  so now mentioned level of 405-415  remain same and intact  But in case trade and stays above that  next upside target 485-500 with in between resist at 444-454

TATAMOTORS  (535) - 18th Aug. itself posted target and resistance 546-556 as posted it made high 542.50 on 22nd Sept., from there corrected , and once again last Friday it made high 538. now what next ?  mentioned target and resist of 546-556  remain same but in case trade and stays above that  next upside target  588-598  & 615-620

UPL (348) - Support 344-338  above that upside target 384-394 and afterwards face last hurdle 420--440 But trade and stays above that  ULTIMATE UPSIDE TARGET 770-790

VOLTAS  (251) -  Support 251-241  above that  upside target and resistance 267--287 in case trade and stays above that  ULTIMATE UPSIDE TARGET 495-515 with in between resist at 320-330

YESBANK (684) - Posted on 20th Aug. as " Target and resistance 580--600 but above that next in upside 667-677   &  705--725 and above that  (as posted already on 19th May) ULTIMATE UPSIDE TARGET  860--890" ** As on Last Friday it made high 689.20 so now next upside target 705-725 and above that already mentioned  ULTIMATE UPSIDE TARGET OF 860--890  remain same and intact.  ** hereafter, any correction , down side support exists at 651--621

GOLD ($1171) - Last update was on 02nd Oct. 2013 and posted as " Support $ 1270-1250  and below that next  $ 1218-1200   or even retest the previous low of $ 1180 in case trade and stays below that  then next ultimate down side target  $ 928-908" ** After more than one year,  yesterday, it broken the support of  $1180 so  now one more close below 1180 confirm the next down move  that is the  Ultimate Downside Target of $928-908" immediate support exists at 1111-1091

NIFTY (8322) - Last update was on 26th Sept. and posted as " down side target of 7858-7808 remain same and intact  but below that next downside target 7738-7688" As posted it came down to the mentioned target of 7738-7688  (made lowest low 7723.85 on 17th Oct.)  not only that,  from 7723.85 it moved up and yesterday it made high 8330.75 so surpassed the mentioned top out level of 8100-8300 also ** what next ?  Now upside target 8620-8660 and in downside,  support exists at 8180-8140

IGL (386) -   Posted on 22nd May as "   Strong support at 317-312 Above that  ULTIMATE UPSIDE TARGET 422--442" After this post, it came down and exactly took support on 29th May (made lowest low  309.35) from there, up move started and attacked the mentioned target exactly on 12th Sept. (made highest high 444). not only that, from there,correction started and up to yesterday it made low 379.10. now what next ?  Support and bottom out 370--350

GATI  (203) -  HURDLE 206--226 But trade and stays above that  ULTIMATE UPSIDE TARGET 400--420

BIOCON  (457) - Posted on 30th Sept. as " face resist at 515-525" on the post date itself, it made high 511, from there fall started , as on yesterday it made low 455.75.  what next ?  now Support 455-445 But below that down move continue and  last hope and support 415-405 *** In case trade and stays below that then ready for big down move If it happen, will post the down side target.

BHEL  (255) - Posted on 10th Oct. as " face resist 223-226 But trade and stays above that  next upside target 245--255" after this post, it broken the resistance on 14th Oct. and yesterday it attacked the mentioned upside target (made high 257.60). Now what next ?  Time being,  top out anywhere between 257-267 In case trade and stays above that  next upside target 285-295

BANKBAROA  (920) - Posted on 08th Oct. as " support   860-840" as posted, on the posted date itself exactly it took support and made low 846.75, from their up move started, as on yesterday it made high 922.90.  Now what next ?  upside target 950-970 Above that 1005-1025 immediate support exists at 909-899

AMARAJABAT  (659) - Resistance 670--690 But trade and stays above that  Upside Target 780--800

M&MFIN (289.50) - Now Resistance 290-297 But trade and stays above that  upside target 327-336 & 355-360

HINDUNILVR  (759) - Posted on 27th Aug. as " Resistance 715--735 But trade and stays above that  ULTIMATE UPSIDE TARGET 910--930" On the posted itself, it broken 715-735 and closed above that also , from there it went up to 772 on 25th Sept.  and gave correction and took support exactly at the mentioned level of 735-715 (made lowest low 714.20 on 13th Oct.) from there as of 23rd oct it made high 762.50.  ** Today Q2 Result  Now what next ?  Resistance 770-780 above that next upside target 825-835 and afterwards already mentioned ULTIMATE UPSIDE TARGET  of 910-930 intact. ** Downside support 735-715 remain same.

ENGINERSIN  (266) -  Support 266--254 Above that Upside Target  296--308

CIPLA  (628) - Posted on 16th Oct as " Support 575--555" as posted it took support at 575 on 16th and 17th Oct. and ason 23rd Oct it made high 633.85.  Now what next ?  Resistance 630-650 But trade and stays above that  next upside target 706-726

BHARATFORG (768) -  See the post dated 30th Sept. Now hold above 750-730  go up to 830-850

PIDILITIND  (409) - Posted on 10th Sept. as " It seems, correction over and yesterday bottomed out also.   so now support 388-378  above that once again up move only ,   upside target  420-430 " *** As posted, it  came down and took support exactly at the mentioned support level of 388-378 (made lowest low 377.50 on 16th Oct.) and yesterday it made high 413.50. now slightly change the upside target   upside target and resistance 425-435 In case trade and stays above that  next upside target 463--473

The bells ring, to bring in spring. And it’s time to celebrate SAMVAT 2071. Wishing everyone the very best of health, prosperity, happiness and success in the coming days...