Technical Analysis of Indian Equities by Nooresh

Review

Review of some of our picks given :

Stoploss hits or losers :

Tcs did not move as expected due to dollar price changes...Stoploss for traders was hit ...Thats the reason u need stoplosses...

NTPC intraday stoploss was hit but a medium term call on it is maintained and break above 147 will be momentum ...

Out Performers:

Saksoft is holding on to gains from 135 to 160 levels...Keep adding on declines...

Camphor and Allied products from 60 levels to 95 gr8!!! Book full profits if u have not ...

Usher Agro gave awesome returns from 14.4 to 23 levels ...Target was given as 18 ...Thats why u need trailing stoplosses to ride onto profits...

Reliance Petro rocked!! call initiated 71.6 achieved 75 + levels ..what more do u want in such a highly traded stock...Keep adding on declines or get in momentum above 76 for a tgt of 78 -84

Wockhardt Pharma ...Strong buy reco was given some days back ....from 380 to 410 ...Still looks good only keep adding on declines...

Educomp and Gspl remain portfolio picks to be added on every decline... ...

ALPHAGEO our favourite bet in oil drilling sector keeps outperforming ...was stuck at 5% today 229 cmp ... We maintain multibagger reco ...recommending from 160 levels...still like it...

Regards,

Nooresh

9819225396 ( call to learn more )

noorrock2002@gmail.com ( interested in learning technical analysis mail then )

nooreshmerani@yahoo.com ( add on yahoo ..)

Article by Nooresh Merani

Nooresh has written 2569 articles.

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