Technical Analysis of Indian Equities by Nooresh

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Skumars Nationwide……………….saying frm 82


See the link for the write up on this stock on June 05

http://nooreshtech.blogspot.com/2007/06/testing-times-be-alert-and-smart.html

High risk High returns

Buy Skumars Nationwide with a stoploss of 79 on closing basis for this expiry .....Unexpected ris e possible :))

Price then 82 today hits 90.60 ............gain of 10% in FNO n still more to come πŸ™‚ ..

The technical reasons for the same are shown in the chart ...soon the world will be going gaga about this ....Call given to clients at 82 ...and BTST on friday at 86.30 πŸ™‚ ..

Technically if closes above 90-92 range for 2-3 sessions shud tgt 115 and 150 in coming months...

Regards,

09819225396

meraninooresh@yahoo.com

Article by Nooresh Merani

Nooresh has written 2556 articles.

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