MURUGAVEL

In the last 6 trading sessions, FII sold  $ 1.45 Billion and Market down by 10% ie .Made high 5552 on  01st Aug 2011 and made low 4946 today. Data for FII from 01-08-2011 to 09-08-2011 (In Rs. Crores) Date Buy Value Sell Value Net Value 9-Aug-11 2410 4515 -2104.6 8-Aug-11 1642 3028 -1385.8 5-Aug-11 2179 3968 -1789 4-Aug-11 2399 2654 -254.55 3-Aug-11 1915 2784 -869.69 2-Aug-11 1854 2055 -201.68 1-Aug-11 1861 1774 86.83 NET SELL VALUE -6518

NIFTY (5118) - This is the third post in the last 5 days. Below 5200 ulitmate down target 4200_3700

NF (5133) - Yesterday as posted it took support at 5053 (made low 5057) and went upto the mentioned resistance 5160-5180 (made a high 5208) now what next ? yesterday and today also world markets melt down once again.. so now if trade below 5053 take it down to 4906 in between intra day support exists at 4980 and this round ultimate down target remain same at 4604 Upside resistance remain same at 5160-5180 & 5240-5250

TATASTEEL (509) - Hurdle 525-535 and trade below 500 take it down to 450-430  and afterewards 355-345

JSWSTEEL (677) - Posted on 04th aug. "for the support 650-640 upside target 740-750 whereas it went upto 725 only and from there now it is falling down. Once again remind on 02nd aug. post. 650-640 last hope and support  but below that down target 487-477 in between support at 575

RELINFRA (492) - Posted on 13th July "Hurdle 585-590 below that down target 526-520" whereas yesterday broken this last hope also. now what  next ? hereafter 520-526 becomes hurdle.  now trade and stays below 492-488, Ultimate down target 274  in between suuport  445_430 & 360-350

RELIANCE (781) - Below 810 down target 575-565 in between support 710-690

ORIENTBANK (326) - Last hope 310-300  but trade and stays below that ultimate down target 202-198 in between support 245

INFY (2471) - Posted on 18th April "   last hope and support 2802 but below that one more vertical fall upto 2380-2310 possible." as posted, upto yesterday it came down to 2431 now the fall upto 2310 imminent  but trade below that fall continue to 2140_2040

CUMMINS (611) - Hurdle 651-661 and last hope and support 590-570 But below that, down target 446 and afterwards 310-300