Technical Analysis of Indian Equities by Nooresh

Testing times………………………… be Alert and smart …

Sensex continues to be sluggish with no major movement ....................We need to cross earlier highs and for that we need to gain strength in the ongoing consolidation ...Till we are not closing below 14300 i would give no heed to panic calls and sell calls......And above all there are particular stocks which are giving u good moves irrespective of the markets ....So seeing sensex negative or positive in the day should not decides ur stock picks simple.....

Alpha Geo stops alas at 380 ... frm 160 , Oil country at 56 frm 26 .... Peerless Abasan 36 frm 29 ,..... BEML moves as expected .....BILT waiting to break 120 ....Wyeth , Aventis , Sical Logisitics still good only sooon momentum ....

Intra day freeze of 10% in Pritish NAndy communications what more do u want ....

Simplex castings hits 76.25 just misses upper freeze...

Stocks FOr now :

Dabur and Lupin look to be two safe picks for a monthly view of 5-10% safe gains in the FNO segment ....

Manugraph for short term if sustains 160 ...

Sparsh Bpo for intra 5% circuitl..

High risk High returns

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

Thoughts :

Every other guy asks me do u see a correction coz my broker my MF friend saying exit....Plain simple how many of these people told u to exit at 14700 will show their credibility :).....And how many gave buy at 12500 ( we did check links on right ) ..................Trading and investing in stock markets is one serious business.... People talk we hear a lot but does it happen the same way ??? .....

So either understand the business yourself or dont take the plunge .....When u do ur work u listen to all but do what u know ......People dont mind making huge losses in stocks but wont give a penny extra to the milkman or the sweeper saying we should save and what crap ....So do the same way here look what is your risk and reward , investing in markets is business of businesses and not a video game punch a few orders and u make money ......If u take it as a business then i dont think u can be the sucker on the street who justs keeps trying his luck with no knowledge ..... Wish u all happy investing....

If people wanna know how we analyze technically in plain simple ways no jargon or big words but practical technical analysis which is fast and works.....
We are doing the course only for sharing the knowledge so only seriously interested people contact ......

"" If you have lost money doesnot mean you are incapable of making money but educates you to make bigger and easier money. "" Equip yourself....

TA course schedule

Kolkata June 09-10

Bangalore tenatatively June 16-17 or June 23-24

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Regards,

Nooresh

09819225396

meraninooresh@yahoo.com

noorrock2002@gmail.com


Article by Nooresh Merani

Nooresh has written 2609 articles.

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