Technical Analysis of Indian Equities by Nooresh

Ratnamani Metals and Aarti Drugs – Interesting Charts

Both the stocks look interesting for the next few weeks.

After a small dip from current levels the stock can zoom of giving a good 20% move also.

Traders can keep a watch as stoplosses are a bit low.

ratnamani

aarti

Article by Nooresh Merani

Nooresh has written 2582 articles.

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{ 10 comments… add one }
  • Neena April 21, 2010, 01:51

    Hi Nooresh,

    Kindly guide me on the status of Ifci,Ispat and Areva.Can i buy these stocks for short term.

    Reply
    • nooresh April 21, 2010, 03:09

      Ifci can be bought with longer term view tgt of 60 or more. Ispat would prefer to avoid till it doesnt close above 24. Areva a good buy a current levels.

      Reply
      • Neena April 21, 2010, 03:14

        Thanks for your instant reply……..

        Reply
  • Asawari I. April 21, 2010, 05:36

    How much capital is required to join Delivery Gains service?

    Reply
    • nooresh April 21, 2010, 13:45

      Hi Asawari,

      The minimum portfolio size is 2 lakhs on the higher side it could be anything 🙂

      Cheers,

      Nooresh

      Reply
  • nilesh April 21, 2010, 06:50

    Hi…Nooresh sir…i like hindmotors charts would u suggest it for buy with medium term point of view….plz look n give your valueble views on it

    Reply
    • nooresh April 21, 2010, 13:44

      Hi Nilesh,

      Lots of resistance around the 28 level for Hind Motors. there are better options available.

      Cheers,

      Nooresh

      Reply
  • Asawari I. April 21, 2010, 07:15

    Pls do reply. I would like to join Delivery Gains Advisory Service.

    Reply
  • Neena April 21, 2010, 13:56

    Hi Nooresh,

    Vimta lab is yet another oft repeated long term reco by you.Could i buy the same for long term at the current levels ………Kindly advise.

    Reply
    • nooresh April 21, 2010, 18:00

      Neena,

      You would need a lot of patience with the stock as its a turnaound story. Buy below 30

      Cheers,

      Nooresh

      Reply

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