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 2745 articles.

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