Technical Analysis of Indian Equities by Nooresh

CRR hike a non event

TECHNICAL ANALYSIS TRAINING SESSIONS SCHEDULE :

MAY 05-06 ...Our only session for MAY so pass it on to interested ppl in Mumbai

MAY 12-13 HYDERABAD ....( few seats only )

MAY 19-20 DELHI ...( book it faster) ..

We dont take more then 8-10 people so seize the opportunity to learn...

The CRR hike announcement has already been discounted ....

Sensex as of now has immediate resistance at 14100 and upper momentum resistance at 14350-14400 levels which being another Fibonacii retracement area on higher side.

JET flies n flies huge one side movement frm 640 to 750 what more do u want in a FNO stock....

Mukta Arts hits one more ...Fenoplast one of our calls said as if u get it take it home is still on circuits almost 10+ in a row....
Syngenta our investment pick for safe returns opens up 20% frm 470 to 620 ....Our targets of 20-30% safe returns met in quick time... GMDC also a similar safe pick frm 490 to 560 still hold on to it...

Calls in the day : UNIPLY inds given at 40-41 hits 45+ in the day ...a good investment pick...


FNO cookers :

BOMBAY DYEING n SESA GOA ....

Bombay Dyeing above 560 keep strict watch on it.... SESA GOA only above 1780-1800 other wise dont even buy a single share...

Weekly Swing calls :

ESCORTS n Reliance Energy crosses entry levels...Escorts hits 131.80 close to 1st tgt still a buy ...

Reliance Energy goes aboe 518 hits 527 ...Still a buy tgts maintained ....

Circuit Hitters :

Uniflex Cables ( buy n take it home funda + Tech )

Carol Info can do 10% in 3-4 sessions...

Best Regards,

Nooresh

09819225396

meraninooresh@yahoo.com

nooresh.merani@yahoo.com

noorrock2002@gmail.com

Article by Nooresh Merani

Nooresh has written 2555 articles.

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