Technical Analysis of Indian Equities by Nooresh

Sensex and stock view

Markets should bounce back from 13400-420 levels ideally to 13800 levels this week ... Below that 13280 possible...

Review of stocks :

NorthGate technologies written for one side movement hits 5 circuits tom one more exit ...

Premier Tyres hits 92 levels still holding some frm 1st circuit ,that price was 75-76 ...

Mold tek going ok...

Musco breaks out ...

Gail up 1st tgt 285 achieved.....

Circuit Hitters review :

1) Sesons furnishings down ...

2) Gitanjali went till 254 only ...

3) NRC day traders enjoyed i suppose 20%%%%%%%%%%%% freeze....

Mid day ,cambridge ,ifci getting attractive...Strict Stoplosses necessary if u r day trading plzzzzzzzzz


Stocks for now

1) Buy Maruti at 890 sl 873 tgt 905 ,925

2) Federal BAnk chart will come soon above 230 expect 250++ ... Buy now for tgt 232...


Circuit Hitters for sure...

1) Superhouse leathers...( 523283) 10% circuit here ...cmp 68.50...( 2 here posible )

Hold some of it will hit 90 levels soon...

2) Sundaram Multi... ( 590047 ) ...10% circuit ... hold some sell when u get delivery ...

3) Goldstone Tele services ( 532439 ) 10%% buy quantity intraday and leave some ...a lil rissky but if it goes expect 5-6 circuits

4) Voltamp transformers day traders paradise...


I was a little busy today so now charts and a smaller post...


Regards,

Nooresh

9819225396 ( call me btwn 5-8pm .... for queries n services...)

nooreshm@hexaware.com

noorrock2002@yahoo.com

Article by Nooresh Merani

Nooresh has written 2581 articles.

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