MURUGAVEL

LUPIN (1906) - Posted on 30th July 2015 as " BOTTOMED OUT AT 1620-1580" On the posted date, it came down to 1621, from their it went up and resisted at 2129 on 06th Oct 2015, from their, fall started and once again took support at the mentioned support level of 1620-1580, this time it made low 1603 on 05th Feb., with in three days, yesterday it made high 1912. *** what next ?  Now going to resist at 1950--1980 But in case trade and stays above that  Going to TOP OUT  2120-2220 **** Below chart explain even better. (click the chart to get the zoom view)

DABUR (251) -  Resistance 250--260 If not move beyond,  can expect Down side  210-205  & 189--179

VEDL (73.90) -   Posted on 31st Aug 2015 as " face resist at 116-121 and support once again at 82-78 but below that  down move continue to 62-58" After this post, it went up to the mentioned resistance of 116-121 (it made high 119.10 on 12th Oct.2015) from their, fall started and came down the mentioned down side target of 62-58 (it made low 60.35 on 03rd Feb 2016) and last Friday closed at  73.90. *** Now what is in ?  Down side support remain same at 62--58 above that upside target 85--95    &  once again top out 116--126 But now in case close below 62--58, then the next in down side 41--39 *** Below chart explain even better. (click the chart to see the zoom view)

TECHM (475) - Hope and Support 470--450 If hold , then the upside target 563--583. But below that,  next down trend going to start. That take it down to 335--315

SAIL (40.85) - In Aug.2013 , Lowest low was 37.60, from their, it moved up and topped out at 112.95 in June 2014 and this month, retested the 2013 low ,this time low 37.90 and last Friday closed at 40.85. *** Now what is in ? If not close below 37,  expect the uptrend target 56  &  69 in case close below 37,  then next in down side  28  & 15+

CENTURYTEX (482) -   Hope and Support 475--450 But below that  down side target 355-345  & 300-290

BHEL (128.20) -  BOTTOM OUT 106--98

ARVIND (300) - Posted on 28th Dec. 2015 as " Last Hurdle 345--360" After this post, it went up to 365.70 on 06th Jan 2016 and afterwards corrected up to 294.70 on 19th Jan and now trading at 300. Now what is in ? Hope and support 292-287 But below that  Down side target 261--252 *** If hold above 292-287 Upside resistance 328-333    and above that 360-366

TORNTPOWER (231.60) - It is in uptrend mode. so any correction should take support between 210--190 If stays above that  then the upside target  270-280  TARGET AND HURDLE 355---385 But above the hurdle, ULTIMATE UPSIDE TARGET 670--700

VRLLONG (363.95) -   Last post regarding this stock on 29th July 2015, mentioned all upside targets were attacked and even it went beyond also. Now what is in ?  Hope and Support 360--340 If hold the support, then, once again upside target 450--480 But stays below 360--340 Down side target  270--260

An economist and former civil servant, Montek Singh Ahluwalia was a key member of the team that implemented the 1991 reforms, which dismantled government controls that stifled industry for four decades, unshackled the Indian economy and opened it up to the world. Ahluwalia, who went on to serve as deputy chairman of the Planning Commission, discusses the landmark reforms and their execution in an interview. Edited excerpts: It is going to be 25 years since the watershed moment in 1991. When you look back, what thoughts immediately come to your mind? Indeed, 1991 was a watershed moment. The basic idea that we needed to reform our industrial and trade policies was being discussed in the 1980s and several important steps were taken, especially in the second half of the decade. But they did not amount to a comprehensive blueprint for systemic reform. That is what 1991 achieved. Within two years, India’s industrial and trade control regime had been liberalized beyond rec...

"It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets. I've known many men who were right at exactly the right time, and began buying or selling stocks when prices were at the very level which should show the greatest profit. And their experience invariably matched mine--that is, they made no real money out of it. Men who can both be right and sit tight are uncommon." --  Jesse Lauriston Livermore Mostly, ready to hold Long even for years irrespective of no upward tick but not interested to carry over the Short even it's in down trend. — Murugavel (@murugavell) December 12, 2015 *** JUSTDIAL (608) -   Posted on  17th April 2015 as "    Once again repeat the post dated 05th May 2014  Below 1200-1300  Ultimate downsi...

NIFTY - understand the undercurrent 

COSMOFILMS (312.70) -   Posted on 05th Aug. 2015 as " Hurdle 174--194 But above that  ULTIMATE UPSIDE TARGET  320--340"  After this post, On 06th Oct 2015 it closed above the mentioned hurdle of 174-194 (that day, closed at 203.40) ,from their it went up to 318 on 06th Jan & after a correction once again yesterday it made high 321.90 . that means mentioned target of 320-340 attacked.  *** Now what next ?  so now top out is 320--340 if not broken then once again down side support 230-220  But in case now trade and stays above  this level then the next upside target 410--420 and best case 450--460 *** Below chart explain even better (click the chart to get the zoom view)