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 2744 articles.

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