Technical Analysis of Indian Equities by Nooresh

Quick Review of Strong Technical picks – Godrej Inds, Colgate , VST Inds and Pidilite

Godrej Inds did a high of 214.7 and can still be accumulated on dips.

Colgate moved from 940 to 1020 +

VST Inds did 1065 from 940-950 levels.

Pidilite continues to be strong buy on every dip with a stoploss of 157 tgt 180+ – Good defensive play

 

For the previous post when these stocks were recommended click the link below

Strong Technical Picks

http://www.nooreshtech.co.in/2011/06/strong-technical-picks-colgate-vst-inds-pidilite-inds-godrej-inds.html

 

Donecolgate

 

 godrejnow

 

Pidilite

 

 VST

 

Also other few stocks recommended previous week

Lnt, Bajaj Auto, HDFC Bank and Yes Bank gave great returns and continue to stay strong in any correction

 

Check the link before - http://www.nooreshtech.co.in/2011/06/some-technical-charts-bajaj-auto-hdfc-bank-lic-housing-larsen-and-toubro-and-yes-bank.html 

 

 

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Regards,

 

Nooresh

 

nooreshtech@analyseindia.com ( If somebody needs to talk to me regarding our services please mail 🙂

 

Cheers,

 

Nooresh

Article by Nooresh Merani

Nooresh has written 2571 articles.

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{ 1 comment… add one }
  • Kunaal July 5, 2011, 11:42

    Hi Nooresh !
    Do u think Bajaj Auto can head to levels of 1600-1650 as Iam holding a good quantity since long..Kindly advise !

    Reply

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