Technical view by Nooresh


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Technical Analysis Training May 21st-22nd Mumbai Pay as much as you Want !! Register @ Rs 3000

Technical Analysis Training Mumbai Date: 21st and 22nd May 2016 Timings: 9 am to 6 pm Venue : Hotel Karl Residency 36, Lallubhai Park Road, Andheri (W), Mumbai – 400 058. Maharastra, India. Fees - Pay as much as you want. Registration Fees = Rs 3000       This is how much [...]

ONGC – Bottomed Out and Trend Change to Up !

In Stock Technical View

ONGC Technical View It was in a consistend downtrend with lower tops and lower bottoms. A pretty long falling wegde or triangle formation breakout. Also lot of recent tops at 220 have been crossed. This indicates a change of trend with supports at 220/211. Upside resistances at 245-250 and 270. [...]

NCC – Triangle Breakout after 4 attempts

In Stock Technical View

  NCC Technical View 4 attempts at the trendline shown by arrows. Yesterday the stock broke out above 77-78 resistance. Will this lead to a strong trending move ? Disclosure - The stock has been recommended in Technical Traders Club at 77.5-78 . Nooresh Merani Securities covered above:: NCC SEBI [...]

DLF – Will the Downtrend Reverse Going Ahead ?

In Stock Technical View

This is one stock and sector which i have tried to avoid for very long but for now the formation looks pretty interesting. DLF Technical View The recent bottom was at the channel lows. The downward channel resistance has been taken out in last few sessions. It can even be [...]

Nifty at 7900 and higher – Time to Increase Cash / Book Partial Profits.

In Nifty Technical View

This is a continuation to the Technical View on Nifty. Instead of writing a post with many charts decided to make a quick video but it ended up being a 15 mins video roughly. In this video we compare the moves of 2011-2012 bottoming out and the current one in [...]

Ambika Cotton, Tata Motors, Vardhman Textiles, Fortis Healthcare, Avanti Feeds – Technical Charts

In Stock Technical View

Vardhaman Textiles Triangle breakout with volumes. Tata Motors Strong recovery from support zone. Small Flag Pattern can see further momentum. Fortis HealthCare - Good consolidation for last 1 year. Also a strong recovery from the recent lows. Can it breakout above 185 Ambika Cotton A long consolidation for months now. [...]

Reliance Communications – End of Story or New Beginning ?

In Stock Technical View

This has been one wealth destroyer for investors and even for traders with the volatility. At 50-52 today the stock is interestingly placed now. Reliance Communications Technical View In the last 3-4 years it has made bottoms at 46-52 zone in August 2012 / March 2013 / August 2015 and [...]

Technical Chart – United Spirits – Setting up for a Breakdown ?

In Stock Technical View

United Spirits has been in the news for so many reasons for last many months. Recently on ban in some states etc. Technically it is yet again getting back to a support area which has held up very well for last couple of years. Will this breakdown below 2260-2300 supports [...]

Technical Analysis Training May 7-8 Bangalore Pay as much as you Want !! Register @ Rs 3000

Technical Analysis Training Bangalore Date: 7th and 8th May 2016 Timings: 9 am to 6 pm Venue : Iris Hotel # 70, Brigade Road, Bangalore-560 025 Fees - Pay as much as you want. Registration Fees = Rs 3000              ( Refundable ) This is how much you can pay 1) [...]

April Fool Clarification – Sorry if it stumped you, Glad if it made you Smile.

In Sunday Thoughts

Yesterday I had written a post which was nonsense and in the mood of April Fool. Majority of the readers understood the humour but some did get a bit stumped by a such a post or even scared. So this is a CLARIFICATION --- It was a stupid APRIL FOOL [...]