Technical Analysis of Indian Equities by Nooresh

Sensex and Nifty – Positional Trade

Nifty Futures investors can look to buy in dips from 6020-5960 in small lots or Nifty bees with a stoploss of 5930 and a possible target of 6150. Leverage can be done at 19700-19900 sensex with strict stops.

Regards,
Nooresh
Analyse India
www.nooreshtech.co.in

Article by Nooresh Merani

Nooresh has written 2613 articles.

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{ 15 comments… add one }
  • Raj November 16, 2010, 12:44

    Please can you advice on IDBI bank at current level’s.

    Thanks.

    Reply
  • Manish November 16, 2010, 12:56

    Hi,

    whats your take on Aarvee Denim is short & medium term & also Marksan Pharma.

    Reply
  • gunjan November 16, 2010, 16:40

    Dear Nooreshji,

    Please guide me on bajaj hindustan, ricoh auto and punj lyod at current levels.

    Regards
    Gunjan

    Reply
  • Nirmal November 16, 2010, 18:32

    Nooresh,

    I was talking about ferrocious rally to 6550 , my stop loss of 6100 has already triggered..

    Thanks

    Reply
    • nooresh November 16, 2010, 21:36

      Hi Nirmal ,

      Well for me the medium term stoploss is maintained at 19650 on Sensex

      Reply
      • rajesh thanedar November 18, 2010, 08:03

        i bought polaris @ 183 exit at 165 please tell when to enter at 147 or 125

        Reply
  • Nirmal Bhattacharya November 17, 2010, 06:15

    Hi Nooresh,

    Your earlier reply to Mr. Nirmal is different person. and I would like to request that person to mention his surname to identify that it is not me. As fer as stop loss is concern, you have mentioned earlier that sensex may take a bounce from 19750 – 19800 level so I’ve started staggered buying of Lokesh Maching, Ballarpur Inds, IDFC, Reliance Inds. Can you suggest some other script which is purely for investment.

    Thanks

    Reply
  • madhu November 17, 2010, 07:25

    hi,
    Is 5930 to be maintained on closing basis?

    Reply
  • Bharat Tank November 17, 2010, 10:30

    hi
    stop loss 5930 is closing basis or intraday tuch.

    Reply
    • nooresh November 18, 2010, 13:25

      Hi Bharat ,

      Closing

      Reply
  • Imtiyaz November 17, 2010, 10:50

    Hi Nooresh,
    I went long in nifty dec future at 6153 yesterday and could not track it whole day. Now I am 130 points down in that, will you please let me know what can be done now

    Reply
    • nooresh November 18, 2010, 13:25

      Hi Imtiya,

      Would suggest to hold on

      Reply
  • Nirmal November 17, 2010, 17:10

    Nooresh/Shams,

    In a nutshell,
    Your views and research is incredibly strong. We did not cross 21200 too and as u said
    watching 19650. BTW, i have been chopped off and incurred huge loss.

    Hats off to you.

    Regards
    Nirmal.

    Reply
    • priyush November 22, 2010, 14:03

      nirmal u are not a smart trader…
      so all the best

      Reply
  • madan November 17, 2010, 21:27

    Dear friends,i found this blog last week.good levels to follow.check it.follow it http://nifty-intraday.blogspot.com/

    Reply

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