Technical view by Nooresh

Stock Specific Moves more Important…..

Sensex Technical View: Same as yest

Sensex has given a good move above 19400 levels and 19800-20k levels would be seen soon and crossing that in coming few weeks would decide the year end :) .... Reliance Inds needs to sustain above 2930-2950 zone to take sensex to 20k levels if it has to :) ....COnsolidation above 19400 would be good for the health ..

Message Sent to clients yest :

04-Dec-2007 13:16:13

SAIL is a buy above 273 . Watchout for crossover in coming days .Investors can look to buy on declines around 258-261 . Traders can keep it on the ticker

04-Dec-2007 14:04:39

SAIL about to breakout can buy now for short term .. tgt 320

04-Dec-2007 14:52:08

SAIL traders can book 25\% of holding and forget the rest for 2 weeks at 282 +

Does a high of 287 ...some more moves left :)

Review :

Core Projects reco at 190-205 levels does 370 almost in less then 2 mths .... much more to come...

Intraday picks Adhunik ckt , NCL rocks 15% , Decolight flops.... JK lakshmi and J L morisson still good... Bata picks up , Kaveri Seed jumps .. Nitin fire does 528 frm 432 in 2 days :)

Stocks to watchout for

Tata Chemicals as was stated before as a long term stock with a tgt of minimum 400 + ... Hold and add on declines ... JSW steel does 1090 hold , Hinduja does 625 hold , R systems does 104 frm 96 hold , D S Kulkarni does 345 book part at 360 -380

Positional short term Picks : TISCO stop of 949 , SRF 156 stop .....

Intra Day ckt hitters or traders picks for 5-15%

Motor N gen FInance , Zuari Inds , SB N T ,Freshtrop fruits.......................Be quick to book profits and cut also :)

Investment Pick with moderate risk : WEBEL SL ENERGY SYSTEMS .......Only for patient players ..Produces Solar cells... More details later..

TECHNICAL ANALYSIS SESSION --- People interested for further sessions or queries mail to

FOR EXCLUSIVE RECOMMENDATIONS and analysis check the link below for subscription details :

Best Regards,



Article by Nooresh Merani

Nooresh has written 2531 articles.

You can follow Nooresh Tech on Facebook and Twitter here.

{ 0 comments… add one }

Leave a Comment