Technical Analysis of Indian Equities by Nooresh

Bombay Dyeing , Ongc , BOB ..

Bombay Dyeing looks good for investment on very dip till 600

which is an important support.
Bank of Baroda ... Is available close to the long term channel . Investors who like the stock
can buy the stock at 200-215 for medium term. Some time back at 250 had suggested the week formation which could take this to 190-220 now almost there 🙂 ....

ONGC one of the heavies available at a long term trendline support . Investors who like the stock for long term can buy closer to 800 with a stop of 740 . Below 740 the stock could go bearish also.
Do ur own research on the above stocks before taking an exposure. The stocks are near supports and not a momentum call so only for patient investors. technically stocks can hover around supports for a long time so do take the fundamental check on the above stocks.
Best Regards,

Article by Nooresh Merani

Nooresh has written 2774 articles.

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