Technical view by Nooresh

Wait and Watch …………..

Sensex Technical View :
Sensex has made a low of 13269 which is very close to the extreme short term trendline. So in extreme short term 13200 is a level to watch and on the upside the small channel has resistance at 14300. Till Sensex doesnot give a clear move out of this very small range traders can wait .

Stocks to watchout for :

Possible trading calls if they breakout.

NTPC buy above 171.5 stop of 166 tgt 182 -188.

Reliance buy above 2090-2095 stop of 2070 tgt 2150

Sesa Goa above 3140 stop of 3050 tgt 3250-3300.


JULY 26-27

( the course doesnot need pre requisite knowledge of technicals or fundamentals or experience in markets. The technical analysis session we conduct is for people who are interested in understanding the process of analyzing technicals in a simple , quick and efficient manner and would like to get independent in analyzing and deciding for themselves throughout in the future.)

Interested people can get in touch 09819225396 or mail to

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Article by Nooresh Merani

Nooresh has written 2532 articles.

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