MURUGAVEL

USDINR (65.71) -  If it hold above 65 then the upside target 70+ and afterwards 74+ But stays below 65 then the down side target 61+

BHARATFORG (252) - Yesterday break out happened  So Now support exists at 248-237 Above that upside target  307-318 

HCLTECH (980) - See post dated 02 Aug . as posted  in this month itself it resisted at 950-955 level not one time but two times and as posted supported at 895-885 level this also not one time but two times and at last yesterday it broken and closed above 955   now what next ?  so now previous resistance become support that is now support 960-950 above that now upside target 1035-1050 (Positional target of 1440-1460 posted on 08th March itself)

DLF (132) - See post dated 18th July "as posted below 160 came down to 122 on 06th Aug and from there bounce backed to 160 on 14th Aug and 21st Aug and from there once again yesterday came down to the mentioned down side target of 122. So all mentioned levels are remain same and intact 

CAIRN (325) - Hereafter support 313-310  and trade above 330 upside target 354

NF (5284) - Already posted levels are remain same  that is below 5300-5280 next in down side 5220-5200 But in case trade and stays below that next down side target 5000-4970

ASIANPAINT (410) - Posted on 01st Aug Support 500-490 but it broken the support on 05th aug and from there non stop fall to 412 and after a pull back up to 444  and once again made low 398 and  once again pull backed to 435 and now trading at  410 now what next ?  Once again Recent low  of 398 is Support  But trade and stays below 398-394 next in down side  382-380, 362-360 &  346-342

ALBK (68.30) - Support level  70---65 and real up move, if it hold  above 75 only  But below the support then down side target 56-54  & 46-44

IDFC (94.75) - Below 94 last hope and support 90-86 But below that down side target 66-62

TATASTEEL (282) - Posted on 05th March "below 358-362 Ultimate down side target 170-160 with 4 between supports, whereas it came down to 195(mentioned target incomplete) and from there already moved up 284. now already mentioned in between supports become resistance

JSWSTEEL (545.90) - Posted on  17th July "Last hope and support 563-555 but below that another break down going to happen that take it down to 465-460" Exactly It happened. On 29th July it Closed below 555 and on 19th Aug it attacked the mentioned down side  target of 465-460 (made low 462) not only that, it also took support there and yesterday once again come to the mentioned  upside  level of 563-555 (made high 557) .  what next ?  Now target and hurdle 575-585

ITC (301) - On 15th July Posted upside target 378-384 and as posted it went up and made high 380 on 24th July and from there it is falling down and up to yesterday it made low 296.  now what next ?  Below 310 further fall only  down side target  286-282  &  273-270

DABUR (149) - Posted on 14th May "Top out hurdle 166-174" as posted not one time but two times it attacked the top out hurdle and from there fall started and up to yesterday it made low 145.65. now what next ?  On going fall going to arrest at 144-139 But trade and stays below next in down side 112-108

AMBUJACEM (156) - Below 163 down move only  target 144-140  and below that  114-110

NF (5417) -  Resistance 5450-5470 below that down side target 5300-5280 & 5220-5200

CANBK (210) - Posted on 21st June "below 355-340 down side target 255-250"as posted not only it attacked the mentioned down side target and go beyond also. and after closed below 250-255 it unable to move beyond this level.  now what next ?  support 207-200 but trade and stays below that next in down side 155-140

BHEL (103) - Regarding this.already tweeted on 05th Aug itself and below is the embed on this. Bharat Heavy Electricals http://t.co/dxEyx384OO / support 122-118 and below that 112-108 / in case break below both levels then 88 & 68-66 — MURUGAVEL (@murugavell) August 5, 2013

BANKINDIA (153) - Target and Support 146-140 but below that down move continue to 117-112

ADANIENT (162) - See post dated 17th June "as posted below 180-175 it came down to the mentioned down side target of 151-141 (it made low 145.50 on 02nd Aug and from there it moved up and resisted at 174 ) so as posted already mentioned all levels are remain same  that is Resistance 175-180 below that down side target and support 151-141 and below that next in down side  126-116

ACC (1124) - Last hope and support 1100-1080 But below that down side target  920-900

USDINR (63.85) - Already posted on 03rd Aug. "target and top out 62.93-63.23" whereas yesterday not only attacked the mentioned target but go beyond and closed at 63.85 now what next ?  If move beyond 63.75-63.95 next spike  65.60

NIFTY (5508)  - A lready updated on 07th Aug. itself and after this post it took support at 5487 and from there it went up to 5755 and last Friday it crashed up to 5496 Now once again remind,  all mentioned levels are remain same and intact. 

SYNDIBANK (70.60) - It seems time being bottomed out yesterday  So now Support 69-66 above that upside target   93-96 in case trade and stays below the support  then next in down side 56-55  & 47-45

TECHM (1331) - Posted on 15th July "Above 1154-1176 upside target 1346-1360"  as posted  it broke and close above 1176 on 23rd July and now nearing the mentioned target (up to yesterday it made high 1338)  no doubt today mentioned target going to attack and afterwards  now what next ?  In case trade and stays above 1346-1360 ULTIMATE POSITIONAL UPSIDE TARGET 1830-1850  in between resist at 1475-1500 hereafter if any correction comes, strong support exists at  1160-1140

WIPRO (467) - Upside target and Hurdle  490-510 But trade and stays above that Ultimate upside target  690-710 in between resist at 540-550

ZEEL (248) -  Resistance 249-252  but above that upside target 264-268 and afterwards  283-286 and 301

SUNPHARMA (505) - Down side support 467-457 Upside  resistance 542-552

NIFTY (5542) - Support  5525-5475  But trade and stays below that  Ultimate down side target  4775-4725 in between support 5225-5175

JSWSTEEL (527) - Now time 12.30 p.m. As of  now trading at 506 after making low of 501.05 already down side target posted on 17th July itself  that is 465-460 But in case trade and stays below that  mega break down going to happen  Ultimate down side target 180-160 in between support at 370-350

INFY (3008) -  Resistance 3000-3030 But above that upside target 3260-3300

KTKBANK (73) - Posted on 24th June "below 117-115 down side target 85" as posted not only it came down to the mentioned down side target but  even go beyond that also and as on last Friday it made low 72 now what is in ?  marching  towards 65-63 &  58.50-55.50

LICHSGFIN (164) - Last hope and support 150-140 But trade and stays below that down side target  80-70

M&M (855) - Posted on 13th May "optimum upside target 1020 and expect correction from there" as posted  it made high 1026 on 20th May from there correction is going on and as of last Friday it made low 850. now what next ?  Last hope and support 835---805 But trade and stays below that down side target 620-590

NMDC (96.80) - Upside hurdle 115-120  and  now below 98-102 marching towards 66-64 in between support at 88

POWERGRID (91.35) - Below 92-94 ready for big down move and now trade below 86---82 take it down to 59---52

PTC (39.95) - Last hope and support 38.40-37.30 But trade and stays below that down side target 28-27

RECLTD (151) - Last hope and support 145-140 But trade and stays below that down side target 121---110

RELINFRA (312) - Already posted on 21st June itself. and as posted all mentioned levels are remain same and intact.  so 302-298 and below that  195-----165

RENUKA (15.45) - Support 15-14 but below that down side target 9

SIEMENS (451) - Posted on 15th Feb 2013 " Major Break down 620-630  for this short term down side target 420-410" after this post it made high (exactly) 628 on 17th May and as on Last Friday it made low 440   now the mentioned down side target striking distance only  Click the below chart to know its movement

TATACHEM (263) - Upside face resist at  266-272  and above that 287-293 and now trade below 253-250 down side target 192-187

UNIONBANK (117) - Posted on  12th June "below 202-198 down side target 156-152" as posted it broken and closed below 198 on 21st June and now not only attacked the mentioned down side target but go down beyond and last Friday it made low 115.  Now what next ?  Last hope and support 115-110 But below that down side target  96   &   86--82

VIJAYABANK (37.75)  -   Already posted on 24th June itself  and as posted  it broken the mentioned last hope and support 44-43 and closed below 43 on 25th July itself. so now already mentioned down side targets are remain same and intact.  it is just reminder only 

VOLTAS (74.60) -   Posted on 25th March itself  "Downside target and support 72-68" as posted it took support at 73 on March 2013 itself and from there it moved up 96.70 in May 2013 and from there falling down and attacked once again already mentioned support level of 72-68 (till now made low 71.20)  So already mentioned levels remain same that is Last hope and support 72-68 But trade and stays below that Already mentioned down side target 48----41 remain same and intact.

USDINR  (61) - It seems (may be time being)  going   to top out at  62.93-63.23 in this month of August 2013 If it so,  then the down side first target 59.32-59.22 and below that Ultimate target 57.55---56

APPLE ($ 461) - Topped out at $ 705 on September 2012  and from there it corrected almost half of the value and bottomed out at $ 385 on April 2013  and  in the last four months consolidation is going on... now what is in ?  Now Face Resistance $ 465-470 But trade and  stays above  that up side target $ 540-545 in between resist at 497-503

HCLTECH 930) - Already posted positional target of 1440-1460 intact and posted in between resist of 990-1020 also intact.  But now if not break and stays above 950-955 then expect correction up to 895-885  & 845-835