Technical Analysis of Indian Equities by Nooresh

Views and Stock

As written a week ago if the level of 12300 is sustained for 3-4 weeks we should reverse..
The level has been tested once and a double bottom IS A POSSIBILITY…..If the bottom is not breached for another 6-8 trading sessions expect a big reversal …All indicator guys will then come supporting…

Above were the words some days back…We continue same view if 12300 which is a good support if maintained big reversal on cards…Weekly close above 13000 and sustaining above 13300 levels for 4-6 sessions will negate all bearish signals…

Yesterday being a religious function could not update muh..

Stocks to look for trading :

Indus Fila newlisted stock looks good for quick movement on charts …

ENIL looks good for movement in coming days ..

Will Update on messenger no time o post charts …Putting this up at 9.45


Article by Nooresh Merani

Nooresh has written 2744 articles.

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