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.

 

sesagoa

 

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

 

Icicibank

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.

 MNM

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%

ABB

 

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Cheers,

Nooresh

nooreshtech@analyseindia.com

Article by Nooresh Merani

Nooresh has written 2569 articles.

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{ 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?

    Thanks,
    Vivek

    Reply

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