Technical Analysis of Indian Equities by Nooresh

Stock ReView …!!!!

Many of our recommended stocks have been going gr8 ... We need not brag about it but you all can always go through archives .. some which i will like to write about as of late..To inform the further targets or book profits.,....

If somebody is holding any of our stocks coz of our recommendation put it on the chatbox ...
or call me between ( 8-9 in morning or 5-9 in evening)

1) Federal Bank said boldly buy and said love it at 225-228 levels it hit 258 in less then 4-5 trading sessions ..15% in FnO stock ... still it will reach more ... advise 70% of your stock book profit at 255-260 levels...

2) RCOM i never wrote a line on it till now coz i was never interested in giving calls for 2-3% till we can find stocks in FnO which give 10% ++ ...frm 405 levels it hit 437 our target of 440-445 will be hit on monday ..

3) IFCI hit the target spot on and reversed high point 23.50 ... So everybody should have booked full profit easily at target level...

Now everybody is talking about IFCI and will say i told u ,,, i always thought and it was so obvious ... etc and thats good...

Now everyone expecting higher levels are we guys interested NOOOOOOOO ...!!! we have made frm 12 to 23 for some and 15 to 23 for some of our readers...

the gain is 60-80%%%%% ... Now why run for 2 rs gain etc...

IFCI has turned out in yearly charts and will scale higher levels in coming months but we would update again when we see opportunity ... AboVE 25-26 levels if it sustains for 2 weeks then 40 levels....


4) IDBI written buy in truckloads above 79.50 it will touch 84 and 87 in no time all targets achieved in the dday ....

Gail , tata motors , indus ind bank, sci , uti bank etc ... our previous picks ...

We still maintain tgt 300 for gail , Tata motors 1000+ , indus ind bank given at 49 hit 15% again advised re entry at 54 levels tgt 60++, Sci 176 tgt above that it will go one side , uti bank 52 week highs will be seen ...

HAVELLS INDS SAID ON FRIDAY ..

Targets revised to 450++ coz we could see something cooking on charts and it hits 20%%%% upper freeze ... 463 done ...

So targets achieved book full profits above 470-480 levels...!!!..

DATAMATICS begged everyone buy it frm 49-50 it hit 68 and still i maintain a target of 80-95 in medium term...

Regards,

Nooresh

9819225396 ( call me btwn 5-9 .... for queries n services...)

nooreshm@hexaware.com

noorrock2002@yahoo.com

noorrock2002@gmail.com

Article by Nooresh Merani

Nooresh has written 2571 articles.

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