Technical Analysis of Indian Equities by Nooresh

Sensex needs to sustain above 14700 !!! …..stay Stock Specific…

MUMBAI SESSION JUNE 30-1 JULY …. enroll coz next session would be after some weeks then we might be on a break …

We have found a good interest in people in Chennai soon plan to conduct a session there ….Interested people near chennai can sms me or mail to register so we can plan it early for u all arnd July 3rd week …


Sensex is still not able to clear our 14570 levels …A close above that level for 2-3 sessions would imply newer highs in extreme short term with a huge short covering move ….So be stock specific with stoplosses on both ur shorts or longs in particular stocks…

Skumars hits 94 still continue to hold….Walchand hits upper freeze … Freshtrop ppl can try tomorrow gave small qty today …tips n Artson dint give much …Deep inds yet another ( frm 70 to 91 ) …Peerless Abasan 100% returns 29 to 60 … Aventis n Wyeth our fixed deposits on a move..Vindhya Tele hits 10% freeze frm 103 to 138 in 6 sessions ….EIH to start in extreme short term towards 120 ….Indian Hotels retraces frm 154 add arnd 148-150 …

Bartronics and Godrej did uppoer freeze intraday and good opportunity ..

Lil tired so not updating much …

Stocks to watchout

EIH ltd if crosses 106-107 expect 120 + in no time

Unity Infra keep a stoploss at 505 n buy …Or above 525 -528 for 10% upmove

Aventis Pharma and Wyeth one can start booking a little and shift to Engineers India, EIH n Pidilite the risk free slow movers…

Circuit Hitters

Sagar Cements

Gvk Power

Saregama

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details….

Regards,

Nooresh09819225396

meraninooresh@yahoo.com noorrock2002@gmail.com

Article by Nooresh Merani

Nooresh has written 2744 articles.

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