Technical Analysis of Indian Equities by Nooresh

Midcaps Rocking !! …. GIPCL 20% recommended at 93/99 today 120 !

Sensex Technical View ;

The short term strong support now is based at 15275-15350 range which was the gap made some days back.
On the upside 16050-16250 remains a strong resistance.
Last 3 weeks its all been the broader market so will look into the index only if we get out of the above levels.
Stocks to watchout for :
All the stocks we have recommended continued to outperform the indices and with solid moves.
Client calls: Dalmia Cement , GMDC , GIPCL, Aptech , City Union , Prakash Inds , Standard Inds, Unitech and the list is long which have given 10-40% returns in short term.
VBC ferro , Godawari power and many other stocks recommended a week back rocking !!!
Unitech does 1st tgt of 105 !! , GMDC rocks, Binani Cements breakout and waiting , OCL india slowly inching up , Uttam Steel in new territory , Meghmani stop 15.8 , PTC Hold , Hikal , ITD cements etc keep booking
Few charts attached below :
Andor Fontech seeing good buying by informed investors and fundamentally sound company. Long term investors can take small exposure. Only for patient people.


HOCL :

Another possible Cup and Handle Breakout. Speculative built up seen in short term. Slightly higher risk. Traders can keep a watch.
Macmillan:
One of the laggards in the education space but seeing encouraging volumes.
Downside is limited so investors with medium term view can take exposure. Will see momentum on crossing 72-75.

TECHNICAL ANALYSIS SESSION
We have few interested people in Hyderabad/Banglore. So if people are interested mail to analyseindia@gmail.com so we can schedule a session in your city. For more details call Nooresh 09819225396. http://www.analyseindia.com/tae.php
SENSEX the next Multibagger ....a technical view - Analyse India Seminar
Tentatively scheduled - 13 September Ahmedabad. Mail to analyseindia@gmail.com for details/confirmation.
Best Regards,
Nooresh
09819225396

Best Regards,
Nooresh

Article by Nooresh Merani

Nooresh has written 2613 articles.

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