Technical Analysis of Indian Equities by Nooresh

Some Technical Charts and Stock specific views



Stocks to watchout for :

Cairn start booking profits at 175 above partially,Infosys trailing stop triggered.TVS motors hold.Gmr infra reverses from 85, Havells and EKC do a bit of day move. Havells speculative build up on derivatives so may see some move but low vol so risky. 


BHEL and India Cements chart posted. 

HDFC Ltd 

The stock continues to look weak. Staying below 1340-1345 may take it to 1290. Above 1410 could lead to a small move to 1450-1470 zone. 

GNFC 

The stock has seen good volumes on lower levels. Can be bought with a stop of 54.7 . Targets would be 62-65. 

Dabur aabove 95.5 , Bharat Forge above 97 can give some 5-8 % spurts. 


Havells and Abg shipyard risky traders can keep a watch for some speculative moves... 

TECHNICAL ANALYSIS SESSION MUMBAI --- 28-29 March 

Interested people can call 09819225396 -  Nooresh ( aftr mkt hours ) 


Best Regards,

Nooresh 


Article by Nooresh Merani

Nooresh has written 2595 articles.

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