Technical Analysis of Indian Equities by Nooresh

20500 ……….needs to sustain …

Sensex technical view;

Sensex has hit a new high but needs to sustain above 20500 for a couple of days to give a convincing breakout ...Till then be stock specific with stoplosses and discipline to safeguard a trader.

Stocks to watchout for :

ranbaxy and wockhardt look good for accumulation on declines for this month as defensive plays ...

DABUR pharma fresh breakout on weekly charts on dips for 30% gains in next 2 mths.

FIEM Inds......watchout for some moves in coming weeks ...shaping well on charts ....

Weird small cap idea :


This could be thee next non stop cckt hitter....Penny players pick it up at 9.55.

J K dairy

Can thiss be the next modern dairies .......Buy on dipss..

Best Regards,



Article by Nooresh Merani

Nooresh has written 2774 articles.

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