Technical Analysis of Indian Equities by Nooresh

Stocks And Sensex

DR Reddy the RBI guy will move the markets,.... is it i still say no ...

The markets will show this sluggish movements till we donot cross 13700 or 14510 ...We would not see major trending on any side...

Immediate support at 1411o and immediate resistance 14390 levels sustaining on either side will decide the course of the week...

Alert for all be ready to exit a large chunk of your portfolio at one shot in coming weeks ... we will let you know when... Safety and conserving capital is necessary....

Stocks that are running and running :::;

Premier Tyres frm 40 to 70 then from 76 to 92 then frm 95 to 100 and on.... given at start of every rally ./....

Superhouse leathers given at 75 now 85 ... the story is land......

Bilpower given in huge letters to buy and hold delivery at 178 hits 220 and still locked...

Futura hits 3 circuits in a row...Many such stocks from our side hope everyone enjoying ....

Stocks to watch and trade ...

1) Prakash Inds ....if trades above 45 or sustains with volumes expect 52 and 56...

2) Batliboi above 130 ... given earlier at 110 as omething cooking...

Safe investment LUPIN.....

Lupin above 595 will do 630++++

Circuit hitters...

1) Compact Disc ...Dunno abt the decent fundas may or may not be but expect one upper 10%%%

2) Bharatiya international very weird counter ... thin volumes and huge difference in buyer seller bids...so play small can hit 10%%%

3) Govind rubber one of our very long term bets ... gaining momentum expect upper freeze if doesnt take home some....I am loving tyre stocks for long term...

All of them premier , tvs srichakra , goodyear, apollo etc...

Short stock for the day

Hindustan Zinc if breaks 750 levelss.....


Regards,

Nooresh,

(feel free to call me btwn 4-9 .... for queries n services...)

noorrock2002@yahoo.com

noorrock2002@gmail.com

Article by Nooresh Merani

Nooresh has written 2570 articles.

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