Technical Analysis of Indian Equities by Nooresh

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Hindalco and Tata Steel again a quick 10% plus trade when others were trapped shorting :)

Before i start the post the last time i gave a similar call was Hindalco at 135 and Tata Steel at 545. Although we got a quick 15% in a matter of few sessions but the stocks gave a major turnaround and did 185 and 650 + in coming period. Will it be the same this time ? I am still interested in my 10-15% quickie rest we will see.

Had explained the trade with a detailed video analysis – Hindalco and Tata Steel 10-15% in a week Video Analysis

A few days back had given the call about bounce in Hindalco and Tata Steel on the blog

( also a sesa goa call was messaged)

Also i had sent a free message to people who have joined us on google sms channel / smsgupshup/yahoo messenger

Check the charts below to get a better idea.

Tata Steel – 560 to 605 and more to come.

TataSteel

Hindalco 160 to 175 and more to come

Hindalco

This is how clean technical trading can be done.

Can you do it better ?

Yes. You can be better if you understand the art and do lesser mistakes then i do :).

if you go through our 2 day training programme the next schedule for Mumbai is on May 15-16. For more call Kazim 09821237002 or Nooresh 09819225396.

Article by Nooresh Merani

Nooresh has written 2613 articles.

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{ 3 comments… add one }
  • Akshay May 11, 2010, 04:08

    I hope every blog reader has gain handsome profit from the blog which they can use to learn Technical Analysis from Mr. Nooresh and become self independent.

    Reply
  • Jaspreet May 11, 2010, 04:44

    Thanks for Hindalco. Made a decent profit.

    Reply
    • nooresh May 12, 2010, 18:18

      Cheers Jaspreet u r one of the good readers of the blog πŸ™‚

      Reply

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