Technical Analysis of Indian Equities by Nooresh

Sensex needs direction !! – Boring range of 5400-5600

RangeSensex

 

Sensex Technical View:

As seen from the blue trendline currently 18000 seems to be a short term support.

Till we dont go beyond either of the green trendlines roughly at 18700 and 17800 it will remain sluggish and boring.

 

Stocks to watchout for :

whirlpool

 

Whirlpool – One of the only stocks in the broader market where we have initiated a buy call after some weeks.

Initiated a buy at 240 add on dips to 230 which it just touched last week.

Targets at 270. Stoploss now 230.

 

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Technical Analysis Training Mumbai March 26-27  

 

mail to analyseindia@analyseindia.com  or call Kazim 09821237002 Asif 09833666151

Article by Nooresh Merani

Nooresh has written 2596 articles.

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