Technical view by Nooresh

In Adversity lies Opportunity !!!

The line seems to be apt for the current market scenario.


Although the current market breaking below the recent lows of 17300 and 5200 on Nifty does create a possibility of a breakdown. I see this current turmoil as an opportunity for stock specific entries.


This may seem as being optimistic we will remain selective in picking good defensives.

Will soon update more details in the day or by evening.


For now our favorites Godrej Inds, Atul, KPIT , Tata Global, Aditya Birla Nuvo, Divis Wockhardt, Smartlink and some more which we are looking into.

In the index dr reddy, bharti, hdfc bank,axis bank, kotak mahindra, hul


Will update with the levels to get into

Article by Nooresh Merani

Nooresh has written 2531 articles.

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{ 3 comments… add one }
  • Raj Dhillon August 5, 2011, 11:09

    Tks for your support and the courage it instills.

  • imtiyaz August 5, 2011, 15:14

    What about RIL? Is this a good time to get into RIL?

  • Manish Pandya August 8, 2011, 12:46

    Appreciated CHAMBAL CALL on bulls eye tgt achvd


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