Technical view by Nooresh

Struggling arnd 20k !! …Ranbaxy watchout 460

Technical View :

Sensex continues to face resistance at higher levels arnd 20k and continue to maintain caution and highly stock specific. Supports around 19200 are to be seen how strong it is. There have been strong stock specific moves in the past few days and its better not to base ur decisions on the index .

Review :
Alpha Geo and Asian Oil fields on 5% freeze , Marksans and Nissan open with upperfreeze some ppl might have got it. Punj Lloyd does intraday target. Jyoti doesnt move much . Walchand almost 11k huge gains hope everyone riding it ... Ind Hume is going one way another walchand grp co ..WATCHOUT for PREMIER ltd another from the same bag of walchands :) , Deepak ferti, Mcnally , gtl infra , mercator our long term picks rocking ....

Stocks to watchout

Nagarjuna fertilizers and TTML are set for fresh moves but watchout for a close above 65 and 48 only to trigger trades..

Raymond Ltd looks good for 450-480 keeping a stoploss of 348 for short term .

Premier Ltd ............High risk pick from the walchand nagar group . If u are game for risk can buy .. DOWNLOAD OUR OLD PRESENTATION AND SOME INTERESTING CHARTS !!! SENSEX to touch 45k -77k by 2018 .....Presentation given at 8k by us ....

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Best Regards,

Nooresh 09819225396

Article by Nooresh Merani

Nooresh has written 2532 articles.

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