MURUGAVEL

NF (6098) - As expected and posted, below 6149 it came down to 6090-6070  level (yesterday low 6087) today also same level maintained ie. 6090-6070 but below 6070 last hope and support 6040-6020. thereafter only real fall going to start. Upside hurdle remain same 6149-6169

FEDERALBANK (381) - Trade and stays below 380  down move to 353_344 

HDFC (708) - Day before yesterday , posted here, top out 738 expect down side target 713 & 691.   As expected, exactly it went upto 738 and from there, it corrected to 706 also . now as mentioned,  below 713 fall continue to 691.

MARUTI (1412) - Range 1475-1375. Now Close above or below this range expect Rs.100 move.

MCLEODRUSS (217) - Strong Hurdle 223 but trade above this, upmove to 232 and afterwards 243-246.

OPTOCIRCUI (252) - Below 250, come down to 242 & 229

ORCHIDCHEM (305) - As posted on 31st Dec. It exactly met the mentioned target of 315 (high 317) from there, it is correcting. now expect 290-285. Upside hurdle remain same at 315, hereafter shows strength thereafter only.

SBIN (2693) -  Last hope and support 2665-2650. But trade and stays below that, down side target 2460 and afterwards 2350.

TATAPOWER (1401)  - Reminder, as posted on 31 dec. above 1345 it is moving up, and target of 1428 intact

TATASTEEL (681) - As posted yestereday, it reached the down target 678,   now below 678, support exists at  672-670 if not take support here, then expect fall continue to 658-653.