Sensex Technical View:
In the last few days nothing much has changed but the higher bottoms being made suggests a move possibly to 18300-18550.
For now i expect volatility to increase as we reach 18300-18550 zones which can some good trading opportunities on Options as well as Index.
Stocks to watchout for:
Not many charts today but a quick view.
Fortis Healthcare has given a breakout and can head to 175 in short term. Buy in dips with stop of 155
Hindalco buy above 170 for an intra day tgt of 175.
Elecon Engg and Garden Silk Mills look interesting on charts. Watchout for any price volume action.
Hindustan Motors has given a technical breakout…. Is it indication of some news in the offing maybe yes … Buy on dips with a stop of 25.
Mirc Electronics buy above 30 for a quick move to 35
Tata Coffee has given a breakout the stock may head to 550 in next few sessions.
SMS PUMP AND DUMP CONTINUES !!!
Many stocks like FCS software dumped from 9 to 2.5 rs with supporting announcements !!
Nimbus Food , Sumedha etc etc. Still people get duped reading into this smses.
I had mentioned about this modus operandi in details some time back – http://www.nooreshtech.co.in/2009/10/sms-new-way-to-pump-and-dump-stocks-by.html
Very recently i received a message to buy Wellpack Papers and Containers on lower freeze to dump the stock
I had posted a detailed article on Wellpack showing how grossly overvalued the stock was and since than its seen – WELLPACK CONTAINERS CLICK LINK HERE
Related posts:
- Sensex 17800 important support ! Stock Specific Action to Continue
- Momentum can continue… caution always keeps u in check :)
- 18300-18500 resistance and 17800 Supports.
- Sensex will soon near an interesting investment zone 17800 or 17100-17300. Smartlink does a first rewards with 30 + 2 rs dividend.
- Sensex Sharp Bounce as expected — Continue to look for stock specific opportunities
{ 8 comments… read them below or add one }
Hi Nooresh, is Prism Informatics another Veritas in Making
ur comments pls
Hi Nooresh,
Can you pls provide your views on aarti drugs and aarti industries?
Also there is a rumour of bonus in aarti drugs in the coming AGM and there is a notification regarding development of land?
Hi Santosh,
Both the stocks look interesting with medium term outolook
Nooresh bhai no follow up on gold .. Already reached 1235 … Is it ready for massive breakout … This link looks a bit interesting
Hi,
Gold is not a instrument we trade but an academic exercise !
Autoline did more than 200 .. Sir ur not following up on stocks like u use to do 2-3 yrs back …. Ur happy clients getting 10-20% returns …. Earlier ur calls would give more than 30-50% returns plus no. Of calls have too increased … We can’t do all of them and unluckily I miss the good ones
Hi Xyz,
First of all i would be banning you from posting further as you dont disclose ur identity even after me asking !
Well blog is a free service ! cant expect more then this.
Autoline Inds a detailed report was sent to clients with technical and fundamental view of 180+ target. From a price of 140 that is 25-30% return. So one needs to have patience and we are doing many 20-25% trades and people no more have the patience they had like before
Regards,
Nooresh
Autoline did more than 200 .. Sir ur not following up on stocks like u use to do 2-3 yrs back …. Ur happy clients getting 10-20% returns …. Earlier ur calls would give more than 30-50% returns plus no. Of calls have too increased … We can’t do all of them and unluckily I miss the good ones