United Phosphorous and Oswal Chemicals ( Bindal Agro ) – Technical View

By Nooresh In Stock Technical View Technical Analysis Last Updated On: 11/01/ 2011

United Phosphorous:

The stock is available at bottom of the channel and looks highly oversold.

One can look for an entry on dips with a stoploss of 160-162 on closing basis. Good investment pick also but a slow mover.

Low risk High returns. Bounce could go all the way to 180-200.

OSWAL CHEMICALS ( Bindal Agro )

Earlier Chart posted here - http://www.nooreshtech.co.in/wp-content/uploads/2010/12/Oswal.png

Stock has finally given a breakout above 24. Can head to 27/29 in extreme short term.

Stoploss placed at 23.

Article by Nooresh Merani

Nooresh has written 2658 articles.

You can follow Nooresh Tech on Facebook and Twitter here.

Follow @NooreshTech

{ 7 comments… add one }

elex December 15, 2010, 17:28
Hello Sir,

What is your view on beckons industry. Company is earning good profit from last few years. There businees is also intresting, Only problem with the company iss low promotor holding. I am not able to decide on it wether to invest in it or not ?
Do you think it has a potential of become a multibegger stock?

Reply
Himanshu Gupta December 16, 2010, 18:15
hi nooresh,

Bought United Phosphorus @ 167 …. ur SL of 162 hit today …i still hold it….what to do …plz suggest ….can hold for 1-2 months

regards
Himanshu

Reply
Shekar December 16, 2010, 18:55
Please You still hold the view that UPhos is buy. It is near the channel bottom or near breakdown level. I have a long position at 165. Thanks and regards

Reply
- nooresh December 16, 2010, 21:12
  Hi Shekhar,
  
  Stoploss hit.
  
  Reply
M J December 17, 2010, 09:59
Hi Nooresh,

great calls on Sugar and intras….

hey, did u sent the certificates to us?? just wanted to check as i was out of town for a long time

thanks again!
cheers

Reply
Himanshu Gupta December 19, 2010, 16:55
Shree Ashtavinayak Cine Vision Ltd dumped from 50 to 13 in a month …. whats your view ?

Reply
elex December 20, 2010, 10:13
Hello Sir,

What is your view on beckons industry. Company is earning good profit from last few years. There businees is also intresting, Only problem with the company iss low promotor holding. I am not able to decide on it wether to invest in it or not ?

Reply

Client Testimonials

In 2 days, I learnt everything about Technical Analysis. I got much more than what I had invested. Excellent course - A must do for everybody in the stock markets

Kalpesh Oswal

“The best part is that I was never worried when the markets were down last year. I sold and bought, bought and sold at relevant stoplosses and targets. I have made good money.”

Anand Biyani, Research Analyst

View More Testimonial...

About NooreshTech

Nooresh Merani - An IT engineer by qualification and Advisor/Trainer by profession.
Founder - Analyse India.
Also consults for an institutional broking firm.

I have been blogging for the last 8-10 years with detailed, crisp and accurate views on Indian Stock Markets as well as global indices and commodities.

IT Engineer by qualification

Blogger/Educator/SEBI Registered Investmnent Adviser.

Writing actively on this blog for 8-10 years now

Guest Analyst - CNBC, ET Now, Bloomberg etc.

Full Time - Trader/Investor/Trainer/Adviser

Read more here - http://www.nooreshtech.co.in/about

http://www.nooreshtech.co.in/disclaimer

Site designed by ThesisCustomizationservice.com

United Phosphorous and Oswal Chemicals ( Bindal Agro ) – Technical View