Technical view by Nooresh

Stock specific technical charts !!

Balrampur Chini :

Good 10 rs flag can give a small trading opportunity. 
A move above 186-189 zone with supporting volumes could target 210 levels . Stop of 180. 
Grasim :
Good breakout. 
Gateway Distriparks : 
The stock had moved up on large volumes all through 60 to 80 +. As per market buzz lot of institutional interest seen in the counter. Pullback to 63-59 zone which is trendline support and fibo retracement. Can take small exposure with a medium term view. May bounce 10-15% and on higher side take a shot at 80 levels again. 
Few more such flags seen in Adani, BGR energy, Agro tech foods , Daawat but cant post all the charts. ! 
Click on the charts to look for an enlarged version. 
RETURNS OF 12% in trading calls for March 2009 

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 2532 articles.

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