Technical view by Nooresh

Quick Stocks View

Hindalco and Tata Steel look highly oversold and can give a bounce to 145-150 and 560-575 in short term.

Jayshree Chemicals and Sharon Bio are nice breakouts on short term charts. Buy with a 5% stop from cmp tgt 15-25% in 1 mth. Low liquid so do ur research.
Day traders can look to buy Grasim if opens closer to prev close.
DIC India seems a good bet for defensive investors. Buy on every decline till 190-200 and current levels with a target of 10-20% returns in 6 mths. Dont expect quick moves. But good place to lock profits.
Suzlon could also give a sharp upside in next 1-2 mths .............Market Buzz !!
Best Regards,

Article by Nooresh Merani

Nooresh has written 2532 articles.

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