Technical Analysis of Indian Equities by Nooresh

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Crude cracks 10% as expected !!!

Crude Crack

 

 

See the previous link two days back which http://www.nooreshtech.co.in/2011/05/crude-setting-up-for-a-crack.html

 

We had similarly given some super turning points in the last 2-3 years on crude check previous posting below πŸ™‚

http://www.nooreshtech.co.in/2008/07/crude-chart-n-view.html  --- Crude sell call at 145

 

http://www.nooreshtech.co.in/2009/05/crude-can-it-move-beyond-54.html  - Crude buy call at 54 for 68

 

http://www.nooreshtech.co.in/2009/06/crude-gold-and-dow-jones-update.html  -- Follow up call on Crude

Now we expect Copper to be in a downtrend and possible crack. Disclosure: Advised short to clients at 408 booked part at 401 so can now stand comfortably.

 

As always a clear and honest tehnical view πŸ™‚

 

Regards,

 

Nooresh

Article by Nooresh Merani

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{ 7 comments… add one }
  • Rinaar May 6, 2011, 12:01

    Hi sir h r u,
    i have buy bilcare @ 405/-,
    can u explain the fundemental & technical of the stock stopplus,target

    Reply
  • rahul May 7, 2011, 14:08

    The post on “gold medium term view” is removed from analyseindia.com .. Do u manitan the same view of buyin betn 2200-2250 with a stop 2100 .. I have bought some qty arnd 22500-22700 .. What should I do buy more on decline or hold the bought qty

    Reply
    • nooresh May 7, 2011, 14:35

      Hi,

      The post has just dropped down lower because of newer posts.

      We have initiated a short term buy at 21800 levels

      Reply
      • rahul May 17, 2011, 21:54

        Gold has tested 1470 for the third time in this month … Would it be comfortable to buy if it dips to 1400-1425 …

        Reply
    • nooresh May 7, 2011, 14:35

      Hi,

      The post has just dropped down lower because of newer posts.

      We have initiated a short term buy at 21800 levels

      Reply
  • rahul May 12, 2011, 23:27

    Whts ur view on gold .. Fell from 1575 to 1470 n again upto 1525 n then back to 1480 n again up to 1510 .. Is this volatility going to take gold higher or lower ..

    Reply
    • nooresh May 13, 2011, 12:09

      Hi Rahul,

      If you go through the webinar had mentioned gold is a buy on dips for 1520 tgt which it did. Would still be a buyer at 1450-1470.

      Reply

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