Nifty Technical Update and more.

Filed under 1 by nooresh on January 27, 2012 1:08 am

January 27, 2012

Having picked this turnaround in such a timely manner by gods grace it has kept me way too busy with the stock picking , momentum trades ( obviously on long side ) so have not been able to update the blog. At so many points of time over the last 3 weeks we have had [...]

Few Technical Charts – Union Bank of India, Yes Bank and Larsen & Toubro. Some more updates on Nesco, Jayant Agro, IFGL Refractories, Bombay Burmah.

Filed under 1 by nooresh on January 23, 2012 11:43 pm

January 23, 2012

  Yes Bank — Risky traders may look at shorts on spike to 320. Seems getting into strong resistance.     Union Bank of India —- The preference for PSU banks is what remains. This seems the best of the lot on technicals. Already have a buy view initiated at 193.     Larsen & [...]

Sensex and THE Channel !!

Filed under 1 by nooresh on

January 23, 2012

    Sensex and the Channel —   Every technical analyst or even a fundamental analysts or anyone related to markets have now started talking about this channel But what everyone forgets is its a 2500-3000 point channel !!!   So if i were to buy on a breakout above 17500 or 5200 it would [...]

Midcap and Small Cap Stock Ideas

Filed under 1 by nooresh on January 18, 2012 10:34 pm

January 18, 2012

Though the title says it to be ideas but the post below is not about Stock Ideas but about stocks which are worth a look for researching. Not at all a buy or sell recommendation.   So readers who track the stocks below and have a much detailed view or data on the stock below [...]

The Mad Bull Rally in MMTC, Hind Copper, Dredging Corporation, STC India and other PSUs a Manipulation ?

Filed under 1 by nooresh on January 17, 2012 12:06 pm

January 17, 2012

One of the most recent events was a mad run in PSU stocks like MMTC, Hind Copper, Dredging Corporation etc ( Disclosure: We did have intra day buy calls on hind copper and dredging corporation to be part of this run though booked on the first 2-3 days )     Now let us look [...]

Tata Motors, SBI

Filed under 1 by nooresh on

January 17, 2012

  Tata Motors :   It looks like a nice cup and handle but has already moved a lot in short term. We had last initiated a buy around 190s. Right now we prefer Tata Motors DVR ( quoting at 50% discount which is exaggerated) . Disclosure: Have initiated a buy at 104.5 yesterday.   [...]

Market Manipulation, Speciality Papers, Dhanus technologies etc.Micro Technologies, Edserv Softsystems,Bartronics, Blue Circle Financial Services Ltd is the biggest broking firm.

Filed under 1 by nooresh on January 15, 2012 12:50 am

January 15, 2012

Blue Circle Financial Services has a market cap of 1500 crores !! does sales of 1.89 crores !! It has moved from 0.2 to 75 in last 1-2 years. Banas Finance has moved from 1 rs to 54 rs over the last 1-2 years. Market cap of 550 crores.     India Infoline, Motilal Oswal  [...]

Downward Channels/Breakdowns. Comparison of 2008 and 2011

Filed under 1 by nooresh on January 14, 2012 5:28 pm

January 14, 2012

  Majority of the things are posted in the chart itself.   Now some important things. – > We had 6-7 attempts on the lower end and that is where the breakdown took place. – > The last leg did not see any pause. We just bounced back for a day from supports to crack [...]

SURPRISED !!! This is what the market does.

Filed under 1 by nooresh on January 12, 2012 10:36 pm

January 12, 2012

Although quite a lot of traders would have been left looking at the screen as to what suddenly changed in the markets in last 1 week.   Investors with an old portfolio would certainly be happy as some of their stocks have also gone up finally.   Last week had mentioned how suddenly everyone on [...]

Indus Ind Bank, Piramal Healthcare, Sesa Goa

Filed under 1 by nooresh on

January 12, 2012

  Piramal healthcare — cash for free. good play for investors.     indus ind bank — highly overbought     sesa goa — time for some quick moves       ITC got stopped out the other sample trades mentioned did good. At one point of time till today morning we had 10-15 longs [...]