Axis bank

Axis Bank has broken down from a descending triangle and an important trend line at 1179 so now the stock could fall down to 980 - 905 - 790.

SBIN

SBIN has broken down from head and shoulder pattern (but on low volumes) ...... it could target 1820-1590.The stock has very strong support around 2030 levels.

Tata Power

Tata power has broken down from the down ward moving channel it was trading  for last two years........so the stock could now fall to 900 -840 levels.

Update : IT Index

IT Index reached both the targets given in this post .

Polaris

Polaris has been trading in a range of 213-140 for last one and a half year and it is now trading at the lower end of this range and if the the range is broken with volumes then the stock could fall all the way down to 70 levels.

Update : Infy

Infy reached its first target as given in this post .
(Note : I was not updating the blog as there was some problem with my blogger account)