EIH Limited – Short term breakout

Filed under Technical Analysis by Nooresh on August 27, 2014 6:37 pm

August 27, 2014

Stock on Watch – ING VYSYA BANK

Filed under Triangle by Nooresh on August 26, 2014 7:10 pm

August 26, 2014

  Technical View on ING VYSYA BANK   -> The stock has made multiple tops in the band of 650-670. -> Can term it to be a cup and handle or a triangle. -> A confirmation of a breakout will be when volumes pick up and price crosses and sustains 670. – > A pre-emptive […]

Spot Registrations for Bangalore Seminar – 23rd August 2014

Filed under Seminar by Nooresh on August 20, 2014 11:37 am

August 20, 2014

Just a quick reminder for all the investors/traders in Bangalore.   We will have spot registrations for the seminar this Saturday.   Do pass the details below to friends/colleagues in Bangalore.   Indian Equities Outlook & Introduction to Technical Analysis Date :  Saturday 23rd August 2014. The details are as below. Venue : Iris Hotel […]

Shriram Transport – Triangle Breakout.

Filed under Technical Analysis by Nooresh on August 19, 2014 7:39 pm

August 19, 2014

      Shriram Transport Finance   -> As discussed in another post this is a stock which we had recommended today at 915-920 pre-empting a breakout. -> The stock has broken out with better volumes. -> Target implication 1000-1050 stoploss 900. Partial booking advised on quick rise and trailing stoploss.   Disclosure : Stock […]

Gateway Distriparks – Pre-empting a breakout

Filed under Technical Analysis by Nooresh on

August 19, 2014

Pre-Empting a Breakout -> This is a a process which a lot of technical analyst tend to resist and avoid. The reason being the threat of a false breakout and a stoploss hit. Forgetting the fact that even on price confirmation its not necessary the stock will do things as we expect. -> Got to […]

BAJAJ CORP –Channel Breakout

Filed under Technical Analysis by Nooresh on August 18, 2014 11:24 am

August 18, 2014

  Bajaj Corp –   -> Multiple bottoms at 200-210 -> Multiple tops at 250-260 in past few months. -> Confirming a breakout after 5 attempts on the trendline. -> Expect a move to 300-350 in medium term.     Disclosure : Recommended as a short term idea to clients on friday.   For all […]

How much capital do you need to become a Full Time Trader in India ?

Filed under Sunday Thoughts by Nooresh on August 16, 2014 4:25 pm

August 16, 2014

On the face of it trading full time looks like one of the most fascinating careers for some simple reasons.   The Wow Factor   -> Market timings 9.00 to 3.30.   ( Wow a 6 1/2 hour working day. ) -> Work from home. ( Who wont love to work in their boxers ? ) […]

Nifty and Dow Jones – Hanging around supports

Filed under Nifty Technical View by Nooresh on August 8, 2014 12:44 pm

August 8, 2014

Nifty Technical View     -> Channel Support at 7500-7550 -> 50 dema at 7500-7550. -> Previous bottom at 7420.   A short term bounce could be in the offing in near term from 7500-7550. But a support does not imply it always hold so looking at what if the support fails to hold up. […]

Fedders lloyd and Heidelberg – Triangle Breakouts

Filed under Triangle by Nooresh on August 6, 2014 11:34 am

August 6, 2014

  Fedders Lloyd – Can call it a flag or a triangle with a breakout point at 85-86. Sustaining above which can open up a quick move to 93/98. Can expect more as well.   Discl – Recommended to quickgains premium plus clients today at 85       Heidelberg Cements   Triangle breakout above […]

Nifty Calculator – Market kidhar jayega ? Market kya Lagta hai ?

Filed under Nifty Calculator by Nooresh on August 4, 2014 8:56 pm

August 4, 2014

  Yet again am back with my post on Nifty Calculator.    What is Nifty ?   -> Nifty is an index with 50 stocks and has no existence of its own. So the Nifty price is a function of the movements of the 50 stocks and a major impact is with the top few […]

Indian Equities Outlook & Introduction to Technical Analysis – Bangalore Seminar on 23rd August – 2014

Filed under Seminar by Nooresh on July 31, 2014 6:33 pm

July 31, 2014

We are conducting a seminar in Bangalore – Indian Equities Outlook & Introduction to Technical Analysis    Date :  Saturday 23rd August 2014.   The details are as below.   Venue :   Iris Hotel # 70, Brigade Road, Bangalore-560 025 Timing 10.00 am to 6 pm   Fees  : Rs     1499   Tentative Agenda […]

Aditya Birla Nuvo and Cipla – Fresh Breakouts

Filed under Technical Analysis by Nooresh on

July 31, 2014

  Aditya Birla Nuvo –   This has been a long term favorite which has not done enough but given that your downsides are limited with this holding company its done well.   Its on verge of a short term breakout above 1450-1460 can expect a move to 1800 in medium term.   Disclosure: Recommended […]

Technical Analysis Training Mumbai – August 2-3rd and Bangalore Seminar 23rd August.

Filed under Technical Analysis Training by Nooresh on July 26, 2014 8:22 pm

July 26, 2014

We are conducting a Technical Analysis Training Session in Mumbai on August 2-3rd in Mumbai.   There are only 4 seats left in a batch size of 10-12 participants.   Venue – Hotel Karl Residency 36, Lallubhai Park Road, Andheri (W), Mumbai – 400 058. Maharastra, India.   Date – August 2-3 2014   Timings […]

Wockhardt – Breakout with Volumes. Short Term Trade Idea

Filed under Technical Analysis by Nooresh on July 22, 2014 11:26 pm

July 22, 2014

  Wockhardt Technical View   -> After a few bottoms at 550 the stock has given a price/volume breakout today. -> Momentum should further pick up above 655 levels. -> Can expect a move to 750 + in short term. Stoploss 610.   Disclosure : Recommended to clients today around 640 levels. In Technical Trades […]

Hang Seng – On verge of a 5 year range breakout.

Filed under World Markets by Nooresh on

July 22, 2014

Until Indian Elections the Hang Seng chart was very similar to our Nifty with multiple tops around the 24k market similar to the 6300-6400 mark on Nifty.   Nifty did breakout and now Hang Seng is on verge of a similar breakout.   Do check this earlier report on Indian Elections – Do they change […]

Hang Seng – On verge of a 5 year range breakout.

Filed under World Markets by Nooresh on

July 22, 2014

Until Indian Elections the Hang Seng chart was very similar to our Nifty with multiple tops around the 24k market similar to the 6300-6400 mark on Nifty.   Nifty did breakout and now Hang Seng is on verge of a similar breakout.   Do check this earlier report on Indian Elections – Do they change […]

The thrill of Day Trading Gains- Instant Gratification

Filed under Sunday Thoughts by Nooresh on July 21, 2014 12:10 pm

July 21, 2014

One of the biggest things which attracts a lot of people to Day Trading is the thrill and chills it gives to the trader more than the absolute returns over a period of time.   We have over the years realized that purely day trading needs a lot of emotional temperament apart from analysis which […]

Aditya Birla Nuvo – Headed to 1800. Technical Trades July 2014

Filed under Technical Trades by Nooresh on

July 21, 2014

  This is the chart as posted in our Technical Trades July 2014 report -> Its now close to a breakout of a trendline above 1450. -> Continue to like the stock as a core long term pick.   TECHNICAL ANALYSIS TRAINING MUMBAI – AUGUST 2-3  For details about the program check http://www.nooreshtech.co.in/technical-analysis-training  To register […]

Technical Trades – July 2014 – Part 1 – Released.

Filed under Technical Trades by Nooresh on July 15, 2014 11:36 pm

July 15, 2014

Hi,   This time in our Technical Trades – July 2014 report we are coming out in two parts.   The 1st part which is released today has 6 technical trading setups.   The next report with a technical on Nifty/Bank Nifty and further coverage of some interesting midcap/smallcap ideas and some long term ideas […]

Technical Trades – July 2014 – Pre Order at Rs 999

Filed under Technical Trades by Nooresh on July 14, 2014 8:04 pm

July 14, 2014

Hi,   The Indices have corrected from 7800 to 7450-7500 and even a good dip in broader markets.   This should create a lot of trading and investment opportunities with short to medium term view in coming days. We may focus a lot on medium term picks this time around.   We will be releasing […]