Technical view by Nooresh

10650-11400 range for now !

Sensex Technical View :

The view remains the same to watch 10650-10700 on downside and almost triple tops made near 11350-11400 zone. 
Any breakout may possibly give a small 200-400 points trading opportunity on the Sensex. 
Stocks to watchout for :
Grasim continues to look good , PFC moves up without coming to range ( advised to clients at 144 booked at 158 + ) 
NIIT stop hit.Modern Dairies 16 stop. Murudeshwar stop 18.5 . Bil care keep a stop of 295. 

Power Grid 

The stock saw huge volumes on friday and if stays above 102 then can targey 109-115 zone. On dips close to 95-96 could be a buy with a stop of 92. 

Small Cap stock - Ganesh Housing , Advanta and Agro Tech look positive on charts. Investors tracking the companies can make a funda check soon. 

TECHNICAL ANALYSIS TRAINING SESSIONS planned for Bangalore , Hyderabad, Mumbai in next few  months. Conducted for a small group of 6-10 people. Interested people mail to so we can schedule for the cities accordingly. 

May 9-10 tentatively scheduled for Mumbai. 
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Article by Nooresh Merani

Nooresh has written 2531 articles.

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