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Showing posts from June, 2013

Axis Bank

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AXISBANK (1275) - Above 1268 go up to 1315-1325

Ashok Leyland

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ASHOKLEY (19.75) - Last hope and support  19.60-18.50 But trade and stays below that down side target 11.80-10.80  &  7.50-6.50

Tata Global Beverages

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TATAGLOBAL (136) -  Trade and stays below 135 down side target 120-118

Vijaya Bank

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VIJAYABANK (46.20) - Last hope and support 44-43 But trade and stays below that Ultimate down side target  19-18 In between support at  34.50-33.50

The Karnataka Bank

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KTKBANK (117) - Posted on 19th June "Resistance 143-146 and below that ultimate down side target 117-115" as posted  it resisted at 146 and from there last Friday crashed up to 111 now what next ?  Now resistance  125-127  and trade below 117-115 then  fall continue and next ultimate down side target 85 in between support 101-98

Yes Bank

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YESBANK (453) - As posted on 03rd June "below 486-484 it attacked the mentioned down side target of 456-446 (Last Friday it made low 445.55)   what next ?  Now support  exists at 440  But below that fall continue to 420-415
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NF (5648) - Now Resistance 5700-5730 Below that down side target 5520-5490

Larsen & Toubro

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LT (1395) - Hope and support 1375-1365 But below that down side target 1286-1272

Punjab National Bank

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PNB (688) - Posted on 12th June and said " Weak below 755-750 for that down side target 700-690" and now as posted it attacked the mentioned down side target (made low 685).   what next ?  Now below 700-690 weakness continue  for that down side target and support  655-640 But in case trade and stays below that then big break down going to happen for this down side target  400-390

Reliance Industries

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RELIANCE (798) - Once again last hope and support 770-760 But trade and stays below that then the down side target  680-670 In between support exists at 736-726

Reliance Infrastructure

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RELINFRA (340) - Now if break and stays below 335  then go down to 302-298 and below that ultimate down side target 195---165

Sintex Industries

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SINTEX (43.85) -  Support   42-41  and next 39-37 But below that down side target 28-27

Shriram Transport Finance Company

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STRTRANSFIN (735) - Last hope and support 725-720 But trade and stays below that down side target  675-670 & 610-605

Tata Motors

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TATAMOTORS (288) - Last hope and support 282-278 But below that down side target 260-258  & 247-245

Canara Bank

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CANBK (359) -  Last hope and support 355-340 But trade and stays below that down side target 255-250 In between support 310-300

Tata Communications

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TATACOM (188) - Last hope and support 176-166 But trade and stays below that ultimate down side target 86----66

The Karnataka Bank

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KTKBANK (141) - Resistance 143-146 below that down side support and target 136-133 But below that next in down side 123-121 & 117-115

Jubilant Foodworks

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JUBLFOOD (935) - It is falling from 1140  from 4th June on wards  and now on going fall going to be arrest at 925-910 or worst case 890-880 so expect pull back up to 1020 But in case trade and stays below 890-880 then fall continue to 730--700

Mahindra & Mahindra Financial Services

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M&MFIN (261) -  Face hurdle at 270-280 But trade and stays above that upside target  305-315

Coal India

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COALINDIA (300) - Last hope and strong support 300-280 But trade and stays below that then the down side target  160-140

Adani Enterprises

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ADANIENT (179) - Posted on 14th May "Hope and support 212-208 but below that down side target 186-182" as posted  not only it attacked the down side target but made low 176 also. now what next ? If break and trade below 180-175 then ready for  another break down  that take it to 126-116 in between support 151-141

CRUDE OIL - an update

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CRUDE OIL ($ 97.84)  - Now Going to face hurdle  at  $ 98.97-100.15 But in case trade and stays above that  then the short term upside target   $ 113.68-113.98
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NF (5771) - Already posted level are remain same : now it is trading below 5840-5810 so it become resistance and  now the down side target and support remain same at 5730-5700 If it hold this level then , may be time being bottom going to form today either for pull back or reversal.

JSW Steel

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JSWSTEEL (673) - now below 665,  down side target  652-642 but below that next attack in down side 586-576

Bharat Heavy Electricals

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BHEL (179) - now below 175 down move continue to 155------140

Bharti Airtel

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BHARTIARTL (277) - Last hope and support 270-260 But trade and stays below that down side target 205-195

ICICI Bank

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ICICIBANK (1076) - Posted on 17th May "face resistance at 1230-1240" as posted  it resisted the mentioned level not one day but several days and  unable move above that so from there fall started and up to yesterday it made low 1076. now what next ?  Below 1110 down move continue and the down side target 990-980 in between support at 1035-1025

BANK NIFTY

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BANKNIFTY (11820) - Hereafter resistance 12150-12250 Below that ultimate down side target  10980-10880 in between support at 11420-11380

Union Bank of India

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UNIONBANK (206) - Last hope and  support 202-198 But trade and stay below that down side target 156-152

UCO Bank

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UCOBANK (76) - support 74-73 But trade n stay below that down side target 65-64

Titan Industries

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. TITAN (237) - after yesterday crash now what is in ?  now target and support exists at 225 and below that 215-210 but  trade and stays below that short term down side target 150-145

Tata Power Company

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TATAPOWER (82.35) - Last hope and support 82-78 But trade and stays below that ready for big down move  that take it down to 42-38 in between support 62-60

State Bank of India

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SBIN (1997) - Posted on 20th May "face resistance 2455-2485" as posted exactly it resisted at 2472 on 20th may itself and from there fall started and up to yesterday it made low 1982 that is 490 rupees from the mentioned resistance. now what next ?  hope and support 1976-1946 But trade and stays below that down move continue to 1830-1800

Punjab National Bank

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PNB (747) - Below 755-750 weak only  as long as hold below then down side target 700-690

Oriental Bank of Commerce

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ORIENTBANK (223) - Below 230 weak only  Last hope and support 215-210  But below that down side target  170-165 in between support at 190

Oil & Natural Gas Corporation

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ONGC (308) - Break down 316  as long as trade below this then down side target 290-287 in between support at 301

Jindal Steel & Power

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JINDALSTEL (267) - As posted on 04th April yesterday it attacked the in between support of 275-265 (yesterday made low 264.25) and now stays below that mentioned ultimate down side target remain same and intact.

Dr. Reddy's Laboratories

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DRREDDY (2190) - Posted on 08th April "above 1960-1980 upside target 2220-2240"  as posted on 25th April only  it crossed and closed above  1980 and from there up to last Friday it made high 2199. so now the mentioned target of 2220-2240 is remain same and intact.

Hexaware Technologies

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HEXAWARE (84.35) - Face resistance 85.50 - 87.50 But above that upside target  92.50 - 94.50

Mcleod Russel India

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MCLEODRUSS (321) - Posted on 29th May "hereafter support 292-288" as posted it came down and took support at  291.35 on 03rd June and from there it moved up and up to last Friday it made high 325.85. now face resistance 324-328 But above that up move continue to 338-342

Wipro

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WIPRO (334) - Now support 333-330 above that upside target 350-355

Jain Irrigation Systems

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JISJALEQS (65.40) - Hope and support 65-63 But trade and stays below that down side target 56-55

JSW Steel

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JSWSTEEL (736) - Make or break  On going rally going to face hurdle at 752-764 If it so then expect correction 716-706 But trade and stays above the hurdle then the upside target 824-844

Reliance Communications

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RCOM (118) - See post dated 03rd May., As posted after making hurdle at 114 level it gave correction up to 100 and now in the last two days only closed above 114  so now if today also closed above 114 then ready for big up move continuation  first target 139-144 and afterwards 172---188
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NF (5932) -  All levels remain same :  so Trade and stays below 5930-5950  then next in down side 5840-5810 and after wards  5730-5700 and upside resistance remain same at 6055-6085

HDFC Bank

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HDFCBANK (683) - In the last five days it came down from 727 to 681 Now Hope and support 672-662 But trade and stays below that down side target 613-603
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NF (6000) - All levels are remain same  Resistance 6055-6085 (Decisively broken this level on Friday so now it become resistance) Below that down side target 5950-5930 and afterwards 5840-5810

Yes Bank

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YESBANK (487) - As posted on 17th May exactly it hurdled at the mentioned level of  545-555 not one day but three days and from there fall started up to last Friday it made low 486. (already tweeted on 21st May and mention the down side target 495 ) now what next ? trade and stays below 486-484 fall continue to 456-446.

Gujarat State Petronet

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GSPL (59.30) - Break down 62 So hereafter resistance 62-64  Below that down side target 38-36 in between support 50--46

MOIL Limited

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MOIL (198) - Already major break down happened at 215-220 so hereafter it becomes resistance  and Now last hope and support at 190-185 If it trade and stays below,  then the down side target 135-130