MURUGAVEL

Is SET Two Years ahead of NIFTY ?  If So, Further Move will be Understandable. SET - 10 years Monthly NIFTY 50 - 10 years Monthly Nullification required decisive crossover 9119.

It is a Penny Stock  but the move was, not Funny   BPL (61) -  Identified at  31-33 stage   in the last week of  June ,   aimed minimum  66--69. Last Friday, when it made high 68,  fulfilled the minimum expectation not only that,  price rejection also happened. But it doubled from the identified level  and it took almost 3 months.   ***

“ Make hay while the sun shines " TIRUMALCHM (544) -    Identified when it was trading at 280 in first week of June 2016 and yesterday completed the expected target ,when made high 584. Started the rally slowly but storming end. Doubled but  it took  three months. ***

Notice the  Unnoticed ENERGYDEV (194) -  Identified at 80+ in July 2016  and now trading at 190+  Doubled in less than 2 Months. A very smooth and straight drive. ***

An increase in road construction and irrigation activities led to a 49.41% growth in sales of earth-moving equipment between January and July, brightening prospects for the industry to post its best ever sales in a year. The numbers also hint at a revival in both projects and investment (public, if not private). Sales have also grown at the fastest pace in the last five years, which included three years of consecutive decline between 2012 and 2014. Sales of construction equipment such as back-hoe loaders, used in all kinds of construction activities; excavators and compactors, used in road construction and irrigation projects; wheel-loaders, used primarily in mining activity for removal of overburden; and material handling equipment such as skid steers and telescopic handlers, rose to 26,106 units during the first seven months of the year from 17,472 units during the year-ago period, according to data provided by Indian Construction Equipment Manufacturers Association (IC...

ESCORTS  (366.70) - Below is the sum of  Post dated 28th Aug. 2015   said  as  Immediate support  150-140  Support  110-100 Between 245---285  are target and  resistance But above that  ULTIMATE UPSIDE TARGET  510--530 *** Once again reminded the above post on 20th October 2015 *** After this post, it made lowest low 112.80 on 12th Feb 2016 and   PRESENT TENSE is  Yesterday it made highest high 374.70 that means , absolute return of 2.33 times in less than 7 months.  Mentioned target of 510--530 will be the FUTURE TENSE at the same time  mentioned entry edge of 150-140 & 110-100 were the PAST  TENSE *** Can see its past 18 months performance in the below weekly chart  (Click the chart to get the zoom view)

SSWL  (585) - In 2014, there was not much interest in this kind of stocks.  Posted on 27th June 2014 as " Target and Hurdle 242--264 But above that next upside target  372-394" It behaved exactly, in 2014-15, as posted not only attack the exact target but from their, corrected  up to the support level  and once again upward journey started from their.  *** See its performance in the below weekly chart with our marking. *** Already it formed new break out level some time back and now forwarding  new target zone  ,which was founded and informed  but not posted here. and hope that ,as usual, going to attack  the fixed target exactly and may be correct from their also. 

ADANIPORTS (268) -  For one Quarterly result (May 2016)  it crashed up to the bottom,  but next  Quarterly result (August 2016) it crossed the previous high.  Identified @ 175 itself.  F&O stock , recent high 280

RECLTD (240) -  A smooth drive from the bottom. Identified at the bottom-est bottom of 155 itself. F&O Stock Now @ 240   

YESBANK (1388) - Moved in Straight Drive in the last six months, even though it is in F&O , A rare case. Identified  @ 800 itself. now @ 1388

In most of the listed stocks, these kind of double digit multiple returns take several years or even decades, but in the following stocks, it all happened in months. DWARKESH ENERGYDEV SHILPI UPERGANGES

IDEA  ( as of now trading at 83+) - Just remembering :   Post dated   26th Aug 2015 Down side target  and last hope 127-124 But below that  ULTIMATE DOWNSIDE TARGET 73-70 &  48--45 with in between support at 102-98 ---------------- Levels are defined and designed ,  that is why,  it is called  "ready reckoner" ---------- Last one year weekly chart  (click the chart to get the zoom view)

INSPIRATION :  ‘A man of freedom who listens to only one voice—his own, with the conviction to prove his contrarian views, a man to whom numbers talk; a man who takes bets on people who make numbers talk. Patience to find, eagerness to execute and conviction to stay—he knows what he knows, and knows nothing beyond, but what he knows is the best that can be known".

  INDIA  GDP & MARKET  CHINA GDP & MARKET  BRAZIL GDP & MARKET 

Between 110--130 heavy delivery exchanged hands.  now at 75 All in the game.

KIRLOSIND (970) - When it was broken 680 in June , it was obvious that it will reach 1010-1020. But avoided, because everyday average volume was  three digit figure only. But,today, when i saw the price , WOW !  it is trading at 970. so any time, it going to meet the target of 1010-1020. In this case, Trade may be missed,  but hope and confidence about the pattern study and understand the price gained one step more.  We have lot of space and lot of opportunities. Learning continue...  *** Can see its price performance in the below day chart 

Present movement in the last two months says that stage set for fast and furious move. 8500+ to 8700+  crucial  September and October crucial  already said :  ALERT : After 2007 , continuous 5 months up , now only happened , from March to July 2016. Very crucial stage between 8500+ to 8700+. — Murugavel (@murugavell) July 27, 2016

Reserve Bank of India Deputy Governor Urjit Patel will be the 24th Governor of RBI and will succeed Raghuram Rajan, who will demit office on September 4. Patel, 52, joined RBI as Deputy Governor on January 11, 2013, and was given a second term in January. As deputy governor, Patel headed the RBI panel to draft the monetary policy report, which became the basis of the ongoing reforms at the apex bank. The Patel committee report also formed the basis of the monetary policy committee, which takes away a lot of powers of RBI and the governor, as also move to create a public debt management agency. Under the independent monetary policy committee, which is being set up, the government will set an inflation target to RBI and the governor will be made answerable to Parliament if he/she fails to contain inflation within target. Prior to his appointment as the deputy governor, Patel was Advisor (Energy & Infrastructure), The Boston Consulting Group. He is a Ph.D. (Economics) from Y...