Technical view by Nooresh


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Nifty Technical View & 10 year Blogging Anniversary

In Nifty Technical View

In my last update had mentioned about increasing cash at 7900-8200. Nifty did not make that move beyond 8000 and dipped to 7700 in the interim. Now lets take a fresh view on Nifty Nifty Technical View Nifty has around 4-6 attempts at 7950-8000 over the last few months. The [...]

Who makes Money Consistently in Day Trading ?

In Sunday Thoughts

  One can understand the obsession for Day Trading by just doing a Search on Google for the Words like  - Day Trading, Intra Day Trading Tips, Day Trading Tips and the no of sites that pop up catering to it. BSE an exchange in India mentions itself to be [...]

Interesting Technical Charts – Vesuvius India, Venkys India, Suprajit, Jamna Auto, Himatsingka Seide,KRBL, KPR Mills, Deepak Nitrite and DCW

In Stock Technical View

Just posting a few charts which are interestingly placed around resistance levels. On radar for possible breakouts and confirmation. Vesuvius India --- At a 2 year + resistance.   Venkys India at a 5 year Resistance.   Suprajit Engineering - Range Breakout   KPR Mills --- New all time Highs. [...]

Technical Analysis Training June 4th-5th – CHENNAI. Pay as much as you Want !! Register @ Rs 4000

Its been a long time request of a lot of readers in Chennai to conduct a training session and so finally have been able to schedule one for the city. Technical Analysis Training Chennai Date: 4th and 5th June 2016 Timings: 9 am to 6 pm Venue : Ambassador Pallava [...]

Stocks on Radar – Bajaj Auto, Cipla, Godrej Consumer,Tech Mahindra and Mahindra & Mahindra

In Technical Analysis

Some stocks on radar in the Nifty 50 and Nifty next 50 index. Bajaj Auto --- Huge Consolidation Can breakout in the future. Cipla - Bottoming out ?     Godrej Consumer -- Good breakout but lacking volumes. Can it follow up in coming days.   Mahindra & Mahindra --- [...]

Bank Nifty and Private Banks Charts

In Bank Nifty

This has been one unusual move in Banks. We have a bunch of PSU banks going down the drain and you have the following 4 hitting almost new all time highs and 12-18 month highs. Also at the same time ICICI Bank continues to lag and Axis has seen a [...]

Nifty Calculator May 2016 & Quick Observations

In Nifty Calculator

Nifty Calculator - Weightages as per 29th April 2016. NIFTY CALCULATOR MAY 2016 ---- NIFTYCALCULATOR May 2016 - Make your own estimate of where Nifty can be .... Quick Observations Top 10 stocks = 53.2% of Nifty        This has seen a shift from 55-56% Top 20 stocks = 72.96% [...]

The HOPE Multiple Valuation Methodology in Indian Stocks – Part 1

In Sunday Thoughts

A lot of Indian Stocks in Midcaps and Smallcaps continue to quote at lofty P-E Multiples without lofty earnings growth and for a significantly long period of time. Although P-E Multiple is not the best way to look at any company but its not as bad a data point to [...]

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. [...]