Technical Analysis of Indian Equities by Nooresh

Technical Charts – Bharti Airtel,Cipla, HDFC, ICICI Bank, Infosys , IOB, Larsen & Toubro, Motherson Sumi, Ranbaxy , Reliance Inds, Tata Motors.


Have just made a quick album of technical charts with certain observations. But no enough time to elaborate on each of them.


Airtel, HDFC seem to be interestingly poised closer to breakout levels.

Reliance Inds has filled the gap and now 1010 will be a deciding resistance.

Cipla seems a good bounce back buy trade.


Interesting to note is large caps like Bharti Airtel, SBI, ICICI, Tata Motors, Reliance Inds, Infosys, TCS  have been holding on to the medium to long term trendlines. At the same time many others like Autos, Pharmas have taken a big hit.

It gives an indication that from here on the market will become a Stock Specific Market and not a Secular Market.


Click on the View Album option to check all the charts.





Article by Nooresh Merani

Nooresh has written 2774 articles.

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{ 2 comments… add one }
  • Mahesh Kumar March 3, 2011, 11:01

    Hi Nooresh,
    I could not open your charts may be something wrong with the link. Could you pls help to check..

  • Sandeep Dhawan March 3, 2011, 21:20

    Nooresh pls share view on SRF ltd and GDL


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