Technical Analysis of Indian Equities by Nooresh

Sensex and views

as written 2 days back i would repeat the lines....

Sensex if seen as a normal stock chart is a cup n handle and should at least touch 15400 in minimum scenario and in my fibonacci analysis the resistance are placed at 15650 and 16200 .. This is a pure technical view giving disregards to the chart being comprised of 30 stocks.....

and i still maintain the above view... Pure technicals and understanding ... I would rather be a little incorrect in my analysis then bluff around thinking like others ....

Autos as said bouncing and tomorrow they will soar and jump the 5-8% totally ...Gave short ter calls on bajaj auto , M&M and ashok Leyland all rocking slowly ....

Mahindra and Mahindra given to clients to accumulate till 770 tgt 840 tomorrow or next 3-5 sessions this should be done can be over done....Ashok Leyland 41-43 ...Good stocks for morning quick trades tomorrow...

Stocks to watchout for :

Taneja Aerospace , Godrej Inds, Gvk Power for intra day 5% freeze..All are good investments also recommended at lower levels earlier hold on

BPL Ltd and Kec Intl ( cmp 28 ) in risky circuit hitters...

Man Inds , Venus remedies , Aptech , SQL our fresh investment stocks rocking

Canara BAnk watchout for a good move in this stock above 283 in the banking sector...

geodesic Info ... I have been bullish on this counter for a longer term perspective good for short term 10-15% move

Gammon India a good investment pick given earlier still good ....Man inds add on declines

THIS WEEKEND or later on WE WILL COME OUT WITH A LIST OF OUR EARLIER RECOS WHIH JUST BLASTED OF BUT NOT MANY USED IT COZ as ususal WE GAVE IT MUCH EARLY ..............Smell the news before the world does ..........

3 more updates made tonight check them

http://nooreshtech.blogspot.com/2007/07/big-move-candidates-in-short-term.html

http://nooreshtech.blogspot.com/2007/07/how-we-optimize-gains-hind-oil-exp-from.html

http://nooreshtech.blogspot.com/2007/07/reliance-energy-592-to-670-in-1-week.html

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Regards,

Nooresh

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Article by Nooresh Merani

Nooresh has written 2583 articles.

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