Technical Analysis of Indian Equities by Nooresh

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review and weird small cap ideas

Review :

Despite the market weakness all the investment pics have continued to show strength … as i have said everyone wants quickies so when i write patience they dont enter and are left out ….Its like niyat hogi acchi to paisa milega …examples

Emami ltd does 255 frm 230 levels , bharti shipyard frm 560 to 600 + , Elecon engg 550-560 to 660 , Indo tech transformers 460 to 525 , Solar explosives in buy range did hit a high of 195 though, all have almost given a return of 8-15 % in extreme short term but are investment picks so more is yet to come but needs patience πŸ™‚

Weird small cap ideas : Mukat pipes strong , foundry n ferro exit as said sometime back , harig still at buy price.. peerless abasan continues ,

New ones πŸ™ not really weird rather unknown as of yet but risk factor is always a lil high )

Kilitch Drugs

A very good story in the making with new plants etc … good funda ppl have a look soon u ll get multibagger views on the same … So patience will pay … Non stop ckts on cards..

Neo Sack

Another stock which has turned around in the results in last few qtrs .. gdrs fccbs on cards … Can go one side for few days …

RIsky others Apple Finance ( totallly punter call ) , Remi metals ( into ferrous and pipes so sector is hotting up )

Best Regards,

Nooresh

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Article by Nooresh Merani

Nooresh has written 2744 articles.

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