Technical Analysis of Indian Equities by Nooresh

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We had cautioned about the correction when everyone was overtly bullish ...

Again we said abt 200-400 point upmove and 14500 in near term .. when every1 was bearish ...CRR etc is all known to people up there we smell something fishy before only on charts!!!...We knew nothing about news pure analysis .....and Here we see 300 ++ points in one day ....

Everybody out there wants to invest in junk and operator stocks like silverline, gv films , arvind remedies etc... Please take care and buy only if u have some info ... One bad junk play can erase all your profits of lucky bets ...remember..

We are the only ones betting on IT as long term multibaggers and if u see the large cap index or the midcap index or the small cap index the best performers in last three months and we have been shouting for so long ...

Tulip It , Rolta , allsec , gtl etc some underperformers like hexaware and prithvi info still maintain buy for long term bets ...

Panacea biotech recommended some days back buy in every declines frm 420 to 480 we still maintain it has more to go hearing good reports on the funda side too...

Jagran prakashan frm 330 to 380 still remains strong in weak markets ...

Cambridge solutions our fav IT Bpo services picks looks stronger with fresh breakout another multibagger ,...

Will update sensex chart by tom

Best Regards,

Nooresh

9819225396

( call me btwn 4-9 .... except 6.45 -7.20 for queries n services...)

noorrock2002@yahoo.com

noorrock2002@gmail.com

Article by Nooresh Merani

Nooresh has written 2613 articles.

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