Technical view by Nooresh

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.


Hindalco 160 to 175 and more to come


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 2531 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.

  • Jaspreet May 11, 2010, 04:44

    Thanks for Hindalco. Made a decent profit.

    • nooresh May 12, 2010, 18:18

      Cheers Jaspreet u r one of the good readers of the blog :)


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