Technical Analysis of Indian Equities by Nooresh

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Better be disciplined then regret later ….

This is one of the important lines that we tend to say in retrospection ....

Technical View :

Sensex is nearing our projection of 20400 which is a very very crucil zone on weekly and monthly basis ... A breather or dip from such level would be good for the health of the markets .. One of the recenet big gap up opening is also a concern.. FED rate cut can boost the markets so its an eventfull week ahead ... Only way u can be comfortable in such volatility is by DISCIPLINE : and good investment strategies

Review : Walchand 9k , indhume on ckt , GMDC slows down , NESCO another 10% ..1600 ka 2400 πŸ™‚ ,RPL just near to our 250 , RNRL continues .Booked BTST in many stocks well ...Day trading picks did their 10% and SUGARS flopped thats why we need stops , DLF rocking above 935 ..Madhucon and Mcnally wake up frm their sleep

Stocks to watchout for :

Nagarjuna , GNFC , Deepak Fertilizers look good for extreme short term on charts but keep strict stoplosses .....

BATA India buy on close or sustaining above 234 for a tgt of 250 stop of 227 ..

WEIRD SMALL CAP IDEA

DECCAN GOLD MINES

Whole lot of stocks which may or may not have mines or on the run ... This stock has Gold mines as per the name πŸ™‚ ...Looks good on charts and plans have been good ... Take a risk of 10-15% and if it goes into momentum can notch many ckts...



TECHNICAL ANALYSIS SESSION DELHI NOVEMBER 17-18 .SERIOUSLY INTERESTED PEOPLE CONTACT NOORESH 09819225396 for details

For details of the services and technical analysis course http://analyseindia.blogspot.com

Best Regards,

Nooresh

09819225396

meraninooresh@yahoo.com noorrock2002@gmail.com

Article by Nooresh Merani

Nooresh has written 2556 articles.

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