Technical Analysis of Indian Equities by Nooresh

13600 ….Yet again ….

Markets make bottom at 13612 our level of 13600 ..... Just do Ctrl-F in our blog and see how many times we have mentioned this level.....and for last how many days......

Earlier we had said correction frm our target of 14350-14400 ( market top at 14383 ) shud not go below 13600 ..... and what happens is we recover 200 points frm that point n more soon...

I would rather go wrong and lose small but would like to stay on our firm technical research. We like to keep it simple as i always say ......

As said before we will see fresh buying above 14400 levels ....Be stock specific ....And we have been able to find good stocks in this correction , opportunities are always there in weak markets or strong markets all u we need to do is work for finding it and that is what we are trying to do by tracking ALL stocks listed on BSE day in day out... Pure technical analysis ....and if u have the urge to learn it can contact us...we like to teach only seriously interested people ...Hydbd n Delhi in coming 2 weeks so u can meet us if u r based in any of the 2 cities...

Ess Dee Aluminium moves frm 290 to 310 in the day as said 10-15% tech move ...investment is safe in it ..... Do check the messenger calls http://nooreshreview.blogspot.com

We maintain long on Steels for long term scenario TISCO looking good , Sail , Jindal Stainless and JSW but u will need patience in all ....

Stocks to trade :

Bombay Dyeing we have given a BTST hold call for good targets should be achieved tomorrow...if there is a gap up no fresh opportunities for the day ...

VSNL n Grasim should move soon ...Grasim and GACL shaping up well on charts ...

I would cut down on the trade calls for today rather put investment calls for those who want safe returns and have been using our recommendations in GMDC, Syngenta, Guj GAs , Britannia ...

Investment List :

Niit Ltd , Aptech should always be added in small qty on every decline and good qty at current levels....If u have patience then this will still multiply ....( Aptech call at 150 and Niit at 350 ....Still a long long way to go )

Please go though our archives for our other investment calls cannot write same thing many times only fresh investments updated today ....So people can actually find n put up our calls frm the blog for other readers in our comment box...

Gspl we maintain big chunk of ur safe portfolio shud comprise this ...

Wyeth LAbs a new one on the list is shaping well on the charts and after Reliance Capital buying stake in it they will move it ...

Aventis Pharma looks good for short term investment in the low risk low returns category

Sical Logistics is one more such co which is shaping up well on fundas and technicals ...

Couple of stocks covered before in the blog will be on a move soon technically and could go one side so find those investment stocks.... All u have to do is read... We will soon pull out the names for u and the date and time and words written for them.,...

Best Regards,

Nooresh

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Article by Nooresh Merani

Nooresh has written 2627 articles.

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