Technical Analysis of Indian Equities by Nooresh

Sensex and nifty charts

As I had written previously the sensex facing trouble at 14100 levels and from these levels we could see a fall of 500-1000 points . check this out…
Boldly written buy puts hedge ur longs at least … see what happened to puts today circuit n what not ….
Medium term trend in no probs till 12950 and stoploss of 12800 if we see fibo levels simplicity …
Markets shud take support at 50 day ema arnd 13150 tomorrow mostly so tom buy arnd 13150 …
Buy broken out stocks at lower levels .. or overcorrected stocks …
Zee tele is now low buy till 300 one of my fav … OIl stocks nearing 61.8% correction level 2-4 % more fall left after that quick retracements can pull the nifty …Rel capital now cheap buy at dips …
Gipco looks set for breakout keep track…
Stocks for breakouts
1)Aztec above 170
2) elder Pharma above 360
3) educomp 365
4)jupiter above 125
panama petro
sasken above 505
Regards ,

Article by Nooresh Merani

Nooresh has written 2744 articles.

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