Technical Analysis of Indian Equities by Nooresh

Technical View – K S Oils / Chambal Fertilizers

KSoils

K S OILS
The stock made a double bottom few days back and has given first signs of turning around.

Buyt at current levels for a target of 60/66.

Interesting pick for long term investors too at current levels.

Chambal

 

CHAMBAL FERTILIZERS --- Major breakout after testing the 78 mark for quite some time.

 

TECHNICAL ANALYSIS TRAINING SESSION

 

BANGALORE - OCTOBER 16-17

 

Regards,

Nooresh

09819225396

Article by Nooresh Merani

Nooresh has written 2613 articles.

You can follow Nooresh Tech on Facebook and Twitter here.


{ 26 comments… add one }
  • ganesh jain October 11, 2010, 12:02

    hello nooresh sir
    Interesting pick for long term investors too at current levels.
    ksoil- what is ur long term target for the stock.

    what is double bottom?

    Reply
    • nooresh October 11, 2010, 19:40

      Hi Ganesh,

      Its a technical term.

      Reply
  • rashmi agarwal October 11, 2010, 12:31

    iangl pattern in hotel leelas chrts.if yes wat can b the target.
    regds rashmi

    Reply
    • nooresh October 11, 2010, 19:40

      Hi Rashmi,

      Stock should do 65+ ideally

      Reply
  • bhavin October 11, 2010, 12:41

    what the company ksoil do?
    is it an oil company?

    Reply
    • nooresh October 11, 2010, 19:40

      Hi Bhavin,

      I believe it would be good if you would google that 🙂

      Reply
  • kishore October 11, 2010, 13:36

    whats the long term target for ksoil?

    Reply
    • nooresh October 11, 2010, 19:39

      Hi Kishore,

      It could do 70+

      Reply
      • ksihore October 12, 2010, 08:43

        long term 70 only…can it not touch the previous high?

        Reply
        • kishore October 13, 2010, 13:53

          can ksoil touch its previous high?

          Reply
          • nooresh October 13, 2010, 21:32

            Hi Kishore,

            I expect it to turnaround totally from here

  • Arun Karthik October 11, 2010, 18:24

    Hello Nooresh,

    How about powergrid? Bought 300@111 , its still near to the SL.

    Shanthi gears? Bought 200 at 47. Is there more upside left?

    Once I bought Sujana towers around 60+ and got stopped out at 58. Checked it after a long time to see it getting locked in UC continuously. Is it still a buy at current levels?

    Reply
    • nooresh October 11, 2010, 19:39

      Hi Arun,

      Keep a stoploss on closing basis. Shift if you find something better.

      Shanthi Gears is an investment pick hold.

      Sujana Towers yes a major miss for us too though we got 10% moves twice on it.

      Reply
  • ANJALI October 11, 2010, 19:12

    Sir,
    I plan to invest some money for my grand children. ( Now i am at 30)
    So plz suggest me some stocks taht can be multibaggers in a long view ( i want some stocks that can make my grand children rich )

    Kindly give me an advise
    regards
    Anjali

    Reply
    • nooresh October 11, 2010, 19:38

      Hi Anjali,

      I would not be the right person to ask such a question 🙂 . But i would suggest you randomnly pick 5-10 stocks which are midcap good companies and some of them may become multibaggers in next couple of decades.

      Regards,

      Nooresh

      Reply
      • ANJALI October 12, 2010, 09:00

        Sir,
        Would U please suggest few good midcap companies?

        Anjali

        Reply
  • mausuf ahmed October 11, 2010, 20:47

    thanx for the call chambar fartilizar its was great…

    Reply
  • Amit October 11, 2010, 20:56

    Hi Nooresh,
    I have bought Mudra Life Style @ 53.5 and Provogue @ 79, can I still hold both of these?

    Reply
  • E.MURUGAVEL October 11, 2010, 23:16

    dear nooresh,

    plz mail me for formalities & procedures from my side to become your client.

    regards

    Reply
  • Rajesh October 12, 2010, 09:22

    Hi Nooresh,

    I bought Dhunseri Petrrocem (DPTL) 2000 shares @ 190 i am not seeing much moment in these share is it short term pick or a long term to hold it pls suggest me…..

    Reply
    • nooresh October 12, 2010, 12:26

      Hi Rajesh,

      Hope the movement today woul dhelp you keep patience.

      I have clearly !! candidly and simple words stated its a long term pick !!!

      Reply
  • lion heart October 12, 2010, 22:17

    Hello sir ,

    Sir IIP data is not as per expectations …. Will this afeect the market in a bad way ???
    Pls reply !!!

    Thank you .

    Reply
    • nooresh October 12, 2010, 22:51

      Hi Zoheb,

      The IIP data is inline with the trend. It was b eyond expectations last time and now other way round.

      Reply
  • sodhan October 27, 2010, 06:11

    Breakout in general is on flat side line which is reliable KS Oil example is otherside.However N7 consolidation is best area to watch and then move in direction of breakout if it is strong may be buy on first dip.

    Reply
  • sajid October 27, 2010, 22:52

    hi nooresh. sir gspl aur ekc short term invest karsakte hai?kaun se leval pe buy kare?kya sl aur tag

    Reply
    • nooresh October 28, 2010, 10:34

      EKC can buy on dips.
      GSPL i dont have a view

      Reply

Leave a Comment