Technical Analysis of Indian Equities by Nooresh

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Sensex 21k to 21k – Excellent Views by Analyse India

Every day we keep getting fresh readers Just click on the boxes and you would be taken to the posts at that time and how accurate and precise views were given. Like a buy call at 9700 in April 2009.Click on the link below.

21kto21k

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Regards,

Nooresh

Team Analyse India

Article by Nooresh Merani

Nooresh has written 2556 articles.

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{ 30 comments… add one }
  • Sathish V November 10, 2010, 18:59

    Dear Nooresh, My sincere thanks to you.Im one among many of your website viewers benefitting every day by your tips & suggestions.Most of the stock recomended by you & bought by me have made good progress and doing wonders in my portfolio.

    You are a most trustable & dependable person in this trade.

    May god bless you & shower you with more success.

    Regards,
    Sathish V

    Reply
    • nooresh November 11, 2010, 19:33

      Hi Satish,

      Thanks for your kind words and appreciation. Stay disciplined and things should continue to be good.

      Reply
  • Mihir November 10, 2010, 19:56

    Hi Nooresh,

    can you let me know your views about
    spanco? can we buy now..it has gone up heavily..

    Thanks!

    Reply
    • nooresh November 11, 2010, 19:32

      Hi Mihir,

      Well not at this price.

      Reply
  • Jay Vora November 10, 2010, 20:59

    I am regular reader of your comments………

    Can We hold Coal India furthur…………
    Can I Purchase Northgate Technologies at this level……….

    Regards
    Jay

    Reply
    • nooresh November 11, 2010, 19:33

      Hi Jay,

      Coal India seems full priced for short term.

      Northgate no idea.

      Reply
  • natarajan t r November 11, 2010, 08:00

    Hi nooresh
    Any view on venus remedies now as the price is lingering around 295?

    Reply
  • themayashare November 11, 2010, 08:20

    waw nice, you always do wonders, this picture is like big visiting card of ur analysis, all the best

    Reply
    • nooresh November 11, 2010, 19:32

      Thanks Mayashare πŸ™‚

      Reply
  • Akshay November 11, 2010, 08:50

    Hey Nooresh,
    You are the best when it comes to Technical Analysis. Your accuracy is unmatched. Keep up the good work.

    Regards
    Akshay

    Reply
  • manu November 11, 2010, 08:59

    hi nooresh..

    is it time to be in cash again @21 k atleast 25 %
    for those who r positional..1-2 years f investments

    Reply
    • nooresh November 11, 2010, 19:32

      Hi Manu,

      I would wait for 19800 to break to increase cash. Right now leverage shud be avoided.

      Reply
  • Arun Karthik November 11, 2010, 09:32

    Hello Nooresh,

    When to book profits in Dhunseri and KS oils? I bought it at 200 and 54 resp..

    Reply
    • nooresh November 11, 2010, 19:31

      Hi Arun,

      Dhunseri can book half and K S Oils half.

      Reply
  • RAJANI KEJRIWAL November 11, 2010, 13:55

    NOORESH JI, DIWALI KI RAM RAM,

    CAN I HOLD INDIABULLS SECURITIES FOR LONGER TERM PERSPECTIVE.

    REGARDS
    RAJANI
    9836852805.

    Reply
  • teju November 11, 2010, 14:48

    Dear nooresh,

    Please guide me in below mention four scrips.

    (1) Sirpur paper mills –
    It is consolidated around 60 lavel from long time. Should i hold or add more, stop
    loss ?

    (2) beckons ind –
    Profit making company with low promotor holding. it is trading in the range of 6 to
    8 rupee. Is there any chance of getting decent return ?

    (3) Koutons, Ramsarup ind, Prakash ind –
    Koutons is rading around 100 rs from last one month. Ramsarup ind is trading
    37 to 40 rs from last few weeks. Prakash ind is also trading around 145 . do you
    think worst is over for the company ?

    Reply
    • nooresh November 11, 2010, 19:31

      Hi teju,

      Sirpur looks exciting but with a very long term vbiew.

      Beckons Inds is speculative would avoid unless full research is done.

      Koutons is speculative. Ramsarup and Prakash look good but will test patience.

      Reply
  • farida November 11, 2010, 18:46

    hello nooesh, i am regular reader of ur comment,i want to know about piramal healthcare and lokesh pl tell me

    Reply
    • nooresh November 11, 2010, 19:27

      Piramal one should exit at 480. Lokesh is a long term hold.

      Reply
  • Rajesh November 11, 2010, 21:14

    Hi Nooresh,

    Please share your inputs on cipla and idfc. I am holding longs in both.

    Regards,
    Rajesh

    Reply
    • nooresh November 13, 2010, 11:44

      Hi Rajesh,

      Cipla even i looked for a breakout but we got stopped out at 350 itself and since then its gone much weak.
      IDFC is another case of stoploss hit ( last 3 days have been bad ) . IDFC my trade was 205 to 215 re-entry at 205 and a deep stop hit at 191 πŸ™
      I would expect a bounce in IDFC to 200-205 but can do 185 on lower side but momentum coming back will take time so either wait for 205 or 185 to decide.

      Reply
  • raichand shah November 11, 2010, 22:42

    Hi, Nooreshbhai,
    Wish you a happy Diwali and prosperous New Year.
    I am long in Renuka and Ranbaxy. Can i hold them?Please advice

    Warm Regards.
    Raichand Shah,Chennai

    Reply
    • nooresh November 13, 2010, 11:42

      Hi Raichand,

      Please make it a point to trade wioth stoploss and avoid leverage.
      Renuka and Ranbaxy are classic cases of stoploss being useful

      Reply
  • vivek November 12, 2010, 00:24

    Dear Nooresh ,
    Happy Diwali & New Year.
    Today I bought 2000 share of Tips Inds. ltd.@Rs.56 since it has given a breakout of Rs55 . Please give me the target technically.

    Reply
    • nooresh November 13, 2010, 11:41

      Hi Vivek,

      The stock can do 65 if market supports

      Reply
  • shyam November 12, 2010, 12:26

    hi Nooresh was fortune enough to attend one of ur seminars. please guide me on Powergrid..as today is the last day. i just wanted to know if atall SENSEX hits at around 19800 where do you see Power grid at..

    Reply
    • nooresh November 13, 2010, 11:39

      Hi Shyam,

      Power Grid may not drop below the IPO price or not by more then 5% this is my personal view πŸ™‚
      So even if Sensex does 19750 u need not worry. But only worry on closing below it.

      Reply
  • ajay November 12, 2010, 15:03

    pls throw some light on prakash industries…
    yeh share ne mere jeevan mein andhera kar diya hai.

    Reply
    • nooresh November 13, 2010, 11:38

      Hi Ajay,

      Sometimes one needs to cut of emotions. Prakash Inds was a favorite and still pretty convincing in the long run but we took exit some months back. Will review on further developments

      Reply

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