Technical Analysis of Indian Equities by Nooresh

Technical Charts – Sesa Goa, ICICI Bank, Mahindra and Mahindra, Bank of India, ABB


Sesa Goa – The stock can be a possible short trade below 257 on closing basis.




ICICI Bank – Although the stock has been holding above the 1000 mark any drop below 980 could lead to weakness



Mahindra & Mahindra


The stock remains one of the good bets in the index. Any breakout above 750 will lead to a quick 5-7% jump.


Bank of India --- The stock has given a breakdown.

Bank Of India


ABB – Watchout if the stock moves above 910 can give a quick move of 5-7%



Online Technical Analysis Workshop on

August 6th-7th

To know more on Discounts & Details contact: Kazim on 09821237002 or Asif on 09833666151



Article by Nooresh Merani

Nooresh has written 2771 articles.

You can follow Nooresh Tech on Facebook and Twitter here.

{ 1 comment… add one }
  • Vivek August 3, 2011, 15:13

    Hi Nooresh,
    Looking at the charts of gold and with news flows flowing when is the right time to book profit in gold? if we see gold has very good run up in last 3 months?



Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.