Technical view by Nooresh

Sensex 17400-17600 should see resistance- Technical Analysis Training Workshop Mumbai

Sensex Technical View :

Just a quick update on chart as little busy of late so will just let the chart speak the view.

As of now 17400-17600 area would be to book profits on the index trades if not already done and wait for a little dip.

Stock specific move may come in midcap stocks. I maintain my liking for banking stocks.


Torrent Power has given a breakout. Buy with a stoploss of 315 for short term tgt 355-370.

Will the dead sugars come back – My gut feel says in next 2 weeks can see 10%. But i generally dont bet on gut feel if its without technicals.

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