Posts

kwality limited

Image
KWALITY  (142) - T hree years before (when it was trading at 33+), that was on 29th Nov. 2012 posted here as  " After a crash from 214 to 25 and after that, consolidation of nearly one year  now it seems ready for a rally, So now Support  : 35_25 Target  :  98-108" ** After three years now it is trading at 142 At the price of 25--35 no market attendance but now it got the market attendance because it moved up almost 4 times  in the last 9 months , *** Now what next ?  now  this attraction itself may enough to lift the price up to 200--230 and afterwards may go even up to 440 Downside tolerance 100--80 **** Below chart explains even better (click the chart to get the zoom view)

Tata Elxsi

Image
TATAELXSI (2261) -  Regarding this stock, First tweeted (when it was trading at 1847) on 24th Nov as TATAELXSI (1847) - AFTER TWELVE WEEKS , YESTERDAY MOMENTUM STARTED... pic.twitter.com/IryTZ71xic — Murugavel (@murugavell) November 24, 2015 and posted here (when it was trading at 2032) on 01st Dec as " Above 2025-2000 Upside Target 2315--2370"  So for yesterday it made high 2305  So the mentioned  target and resist of 2315-2370 remain same. *** In case trade and stays above that  then ready for next round of up move. for this, can expect,  the next upside 3060--3100

Jet Airways (India)

Image
JETAIRWAYS  (630) - In the last three months. it is moving up continuously,  already it moved up from 283 to 636, almost non stop, even though it seems over bought in short term (because of that any time some jerk may happen) but first macro trend reversal already happened.  Immediate support exists at 613--593 and above that  marching towards 647 & 687 But above that ready for another mega up move   upside targets 820--840 ,  915--935  and ULTIMATE UPSIDE TARGET 1160--1180

BF Utilities

Image
BFUTILITIE (636.) - Posted on 01st Dec as " Face Resistance 625--655 But above that  Upside Target 858--878" After this post, it went up to 662 on 18th Dec and corrected up to 612 and yesterday closed at 636+)  All mentioned levels are remain same and intact. 

NIFTY - technically speaking...

Image
NIFTY (7610) - Yesterday low(7575),  near about the recent low of 7540 (08th Sep.). Now we are facing two possibilities The First Probability :    Topped out at  9119(4th March) from their, fall started and Bottomed out at 7540 (08th Sep.) and pull backed to 8336 (26th Oct.) and now near about or nearing to retest the previous low. Retest means near about the previous low of 7540 (can allow roughly 50 points here and there) that means 7590--7490. If hold this level, then we can assume that the overall correction is come to an end  and we are readying for next leg of uptrend that may last another 18 to 30 months and may test 10400--10800. The Second Probability :   If the previous low of 7540 break decisively  (In down side, can allow roughly 50 points, that means, 7490),  then  the first down side  7225  and next down side 6750 ,  if not hold this level ,  then ...

SOME MACRO LEVELS OF PSU BANKS - PART 2

Image
---------------------------------------------------------------- PNB (129.05) - Support 123-119  But below that next in downside 80--75 ======= PSB (37.35) - Last support 36.50--33.50 But below that next in downside 19--16 ========= SBBJ (522) - Support 512-502 But below that next in downside 475--460 and afterwards 355--325  & 285--275 ============ SBIN (231.95) - Support 235--215 But below that next in down side  192--180   and afterwards 146--138 ======= SBT (402) - Support 383--363  but below that next in downside 260-250 ====== SYNDIBANK (86.45) - Support 78--74 But below that  next in down side 61--57  &  46--43 ===== UCOBANK (43.50) - Below 48--44 weak only last hope 40-38 But below that downside target 22--18. ==== UNIONBANK (150) - Support 140--128 B...

SOME MACRO LEVELS OF PSU BANKS - PART 1

Image
--------------------------------------------------- ALBK (69.45) - Below 72 next level in  down side 65-64 and afterwards 39--36 ANDHRABANK (63.15) -  Support 60-58 but below that next level in down side 47  and afterwards 35-33 BANKBARODA (160.25) - Support 155-153 But below that next level in downside 140-136  and afterwards 103--98  &  86 BANKINDIA (116.90) - Below 126--132 next in down side 83--78 and afterwards 45--42 CANBK (247.65) - Below 250-260 next in down side 209--189 and afterwards 144--134 CENTRALBK (69.50) - Support 60--58 but below that  next level in down side 44--42 CORPBANK  (40.80) - Below 45 next in down side 31-30  and afterwards 20--18 DENABANK (40.95) - Below 48--42  next in down side 24--20 IOB (30.70) - Below  39-36  down side level 17--14 ...

NIFTY

Image
On 08th, tweeted about the micro view of Nifty. (macro view and reminders were already posted here) Below is that embed :  NIFTY, micro view, if not take support 7735--7685 then can see 7543-7493 , in case, breaking this level,then, ready for next big down fall. — Murugavel (@murugavell) December 8, 2015

Hikal

Image
HIKAL  (164) -  Above 140 Uptrend only  and now above 156 Can expect Upside 234---256

Sunil Hitech Engineers

Image
SUNILHITEC (325) -- Readying for a  big, even very big up move. For that it has to cross two  hurdles  that is  352--366   &  410--420 above that  ULTIMATE UPSIDE TARGET 780--800 in between resist at  490--510

Vinati Organics

Image

GATI Limited

Image
GATI (174) -   Regarding this stock last post was on 29th Oct 2014 , posted as " HURDLE 206--226 But trade and stays above that  ULTIMATE UPSIDE TARGET 400--420" whereas it went up to 342 in Nov. 2014 (not met the said target), from there, crashed up to 115 on Aug. 2015 and now at 174.  *** Now what is in ?  Above 170 ready to go up  206--226 and above that  already mentioned target of 400-420  still intact and beyond that   560--580 is possible.