Technical view by Nooresh

Gap Filled partly …… 15100 ext short term support

Sensex has partially filled the gap which we were cocerned about and the gap was filled and retraced... FOr extreme short term traders say 2-3 session guys 15100 is a level to watchout for which should hold for few days more.. The trend remains positive for ext short term till 14800-14900 is not breached .

Bombay Dyeing n Cairn india dint move and kinda hit stoplosses for day traders .. I still like Bombay Dyeing for investment for short term ..

Finolex Cables safe stock moves 10% right away so compounding effect goin on ...Elecon will in 3 mths...Amar Remdies shoots to 40 levels :) good 15-20%

GEI inds co our long term pic has given a good move and could give further moves in coming weeks tgting 100+ watchout...

Investment Stock :


The stock was recommended at 275-280 levels to clients and still looks set for good tgts of 350++ .Buy 60% of qty now and add on declines till 270 levels for investment only.Short term moves to 320 can be used to book some for short term traders...:Long term can touch 400+ in 6mths time .

Action Construction if sustains 296-298 levels expect 325 + in quick time..

Tech Mahindra above 1550 will fire watchout..

Weird Small cap idea


its shaping up well buy only above 12.5 for a quick tgt of 15-17 + in short term .. Dint get time to look into the fundas much .


Mumbai July 21-22.. July 28-29 seats

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Article by Nooresh Merani

Nooresh has written 2531 articles.

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