Technical Analysis of Indian Equities by Nooresh

Sensex bounces from trendline. FMCG Stocks on breakout

BlogSensex0106

 

Sensex Technical View:

 

As seen in the chart with the arrows the trendline has yet again supported the market. On the upside we may watchout for the range of 18900.

 

Time to get stock specific as markets may now consolidate in a tight range but there could be sharp moves in specific stocks.

 

Stocks to watchout for :

 

All FMCG stocks have given a breakout.

 

Best Picks – ITC , Emami,

 

emamibreakoutblog

 

itcblog

 

 

TECHNICAL ANALYSIS TRAINING SESSIONS planned for various cities. Interested readers may mail to analyseindia@analyseindia.com or call Kazim 09821237002 or Asif 09833666151

 

Regards,

 

Nooresh

Article by Nooresh Merani

Nooresh has written 2596 articles.

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