Technical Analysis of Indian Equities by Nooresh

IDFC,Bank Of India , DLF , Ess Dee Aluminium

Sensex Technical View :
Sensex has come down to test 15900-16k levels. Earlier top was at 16002. Also Nifty top was around 4730. Previous tops turn to supports. Although the band is 15500-15900 we can see a bounce to 16350/16600 in short term.
We could see some sort of volatility in this month Oct/November which comes to be around 21st mth from Jan 2008.
Soon will put up my fundamental and time projections which is just guess work although which has worked quite well previously.
Please check the links below for more.


The charts given below are only for reference. Do your own research and risk management for taking a call on trades.




WE WOULD SOON BE BACK WITH TECHNICAL ANALYSIS TRAINING SESSIONS / SEMINARS in coming months.
People interested please mail to analyseindia@gmail.com so that you receive notifications of further schedules.
Intra day updates on analyseintra@yahoo.com will start from Nov 2nd week as some system issues.
Best Regards,

Nooresh
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Article by Nooresh Merani

Nooresh has written 2569 articles.

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