Technical Analysis of Indian Equities by Nooresh

Technical Charts – GAIL / Oswal Chemicals

gail

GAIL :

The stock has given a breakout above 500-502 and can see a quick move to 520 levels in next few sessions. If able to cross 520 can see much bigger move.

 

Oswal

 

OSWAL CHEMICALS :

The stock has been strong even in the current correction. Sustaining above 24 could see a strong move to 29 levels. Watchout for volumes. The company has only land bank and real estate and is not a fertilizer company as the name suggests.

 

Technical Analysis Training Pune - Dec 11-12

Article by Nooresh Merani

Nooresh has written 2581 articles.

You can follow Nooresh Tech on Facebook and Twitter here.


{ 5 comments… add one }
  • SIVA PRAKASH December 8, 2010, 08:44

    Sir,
    What is ur view on sesagoa now?

    Reply
  • Totaram December 8, 2010, 16:19

    KS Oils is not stuck in price rigging scam and falling deep. Is this fundamentally good to pick at lower levels ?

    Reply
    • nooresh December 9, 2010, 15:58

      Hi,

      K S oils has been named

      Reply
  • kunaal December 8, 2010, 23:17

    Hi Nooresh!
    Bought Gail today but the Sl triggered..Should I buy it again tommorrow?
    Any views on Bajaj Auto @ CMP, Triveni @ CMP and Reliance Ind @ CMP?

    Thanks!

    Reply
    • nooresh December 9, 2010, 15:57

      Hi Kunal.

      Its better to avoid trading at this juncture

      Reply

Leave a Comment