Technical Analysis of Indian Equities by Nooresh

Karnataka Bank 15% – Midcap Banking Bullish and a few other charts

Sensex Technical View:

As i had clearly mentioned in my detailed report few days back that index should retrace 50/61%. Today Index has come close to the 50% level so have advised booking profits to index traders at 5060-5080 June futures and 16950 Sensex.

Although the move should ideally go till 17200-17250 levels as per the time analysis pattern i am looking into.

So we would review this around 17200 or in June 2nd week.

For now the Probable Sensex chart seems to have been exactly followed. Will it ahead ? Lets c how it pans out.

Sensexprobable

TECHNICAL ANALYSIS TRAINING SESSION MUMBAI ON JUNE 5-6 and JUNE 12-13

now at a huge discount

For more details download the pdf for details.

50% Dhamaka from Analyse India

Stocks to watchout for :

Torrent Pharma for short term move of 5-12%

Torrentpharma

U…… buy on every dip for 20-30% in 3 mths or more for investors.

Article by Nooresh Merani

Nooresh has written 2595 articles.

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