MURUGAVEL

NAUKRI (730) -  The company name may be INFO EDGE ,but now,  it is trading at lower edge of  15 months consolidation. So Last hope and Support 710--690 If hold ,  then the upside target 880--910   &  980 --1020 *** But below 710--690 take it down to  505---455

Nifty IT (10769) -  This month showed its weakness in macro point of view. Last hope and support 10700--10600 Either one monthly or two continuous weekly or  six continuous daily close below that gives confirmation for a big down fall  that take it down to 8650--8450