Technical Analysis of Indian Equities by Nooresh

Dojis and gaps ….mkts need a breather !!

The headline of yesterday said a breather at 15200 ....That is where we made the high . Sensex has retraced to the 15100 odd levels where i believe one should liquidate or lighten short term positions to create a provision to add on declines.. A consolidation and a lil dip would be welcome in coming days ..

Intra day call in century textiles opened too high so dint give a good chance but hit the stoploss, Tata Motors achieved intraday tgts..GENUS Overseas locked at 5% freeze , Jayant Agro 10 % freeze intra day as said , Andhra Petro goes ex dividend of 1 re ..KLG systels and MIC electronics look good on declines ..TTML does our tgt of 33.5 given to clients

JP hydro given at 36-38 for long term investment and continously recommended does 50 its a gain of 30-40 % in an A group FNo stock ... Still remain invested...

Stocks to watchout for :

RIsk call : BUY Kalpana inds half at 84-86 and till 78 tgt 95-120 in next 3-6 mths

Kirloskar Electric for intra day ckt

Weird Small cap idea : Channel Guide

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Article by Nooresh Merani

Nooresh has written 2740 articles.

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