Technical Analysis of Indian Equities by Nooresh

Bears Arrested for suicides…..

I would like to point out a few lines which i believe in everyone should …
” Markets are supreme we can go wrong ” …So never try to fight and oppose the market trend rather befriend it for a prosperous life..

As we had said always we will see a bigmove if we sustain 13300 levels and here it is for all to see…But still i dont understand why people looking for shorting opportunities rather dont trade …You missed out or rather lost big time in a 1000 point rally and now a little correction would only make you feel better but not make you any richer …

JET AIRWAYS : FLIES LIKE A ROCKET as said….we had given a btst call on thursday to clients at 640 levels…. 640 to 698 it is yes almost 10% in FNO much more to come in it hold with trailing stoplosses

The sentences written for friday

” Jet airways will shoot one side above 655-660 charts show something cooking keep it on ur ticker… ”

Ankur Drugs hits 5% , Mukta Arts 5% …Niit tech n 3i info keep a watch …Even Polaris these 3 IT counters will rock …

SESA GOA : Accumulation on this stock keep it on your ticker if trades above 1780-1800 levels expect big Bounceeeeeeee ….

Performance of last week Swing trades :

http://nooreshtech.blogspot.com/2007/04/stocks-to-trade.html check the stocks given everyone achieved 1st tgt …

Stocks to Trade for the Week mainly A group n FNO :

Escorts buy for targets 132 , 138 and 145+ possible ..

Lic Housing Finance above 146 sustain tgt 151 , 161

Reliance Energy above 518 tgt 530 -540

SCI above 176 tgt 182 , 188 , 193


Other Stocks that look good..:

Mukta Arts , Balaji Tele , Bag films if u guys remember i had written fundamental re rating in coming months ….

Now lookout for Shringar Cinemas( not started yet ) and Pritish Nandy for speculative accumulation …

Mukta Arts had given a huge breakout and was written to accumulate ( go through archives ) …Looks set for 120 + …

Andhra Petro : Another stock rocking on monthly charts which should be accumulated at current levels and on any declines for 30-50% return in 6 mths to 1 yr …If sustians above 20 expect a target of 30 -45 …

Skumars Synthetics and Surya Roshni looks good for short term trades can give 10-15% in a weeks time ….

TECHNICAL ANALYSIS SCHEDULE :

MAY 12-13 Hyderabad …..

MAy 19-20 DELHI …

Book your seats because we only take limited people in one batch ….

Best Regards,

Nooresh

09819225396

meraninooresh@yahoo.com ( online updates )

nooresh.merani@yahoo.com …( BACK UP ID do add it )

Article by Nooresh Merani

Nooresh has written 2745 articles.

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