Technical view by Nooresh


Indus Ind Bank, Piramal Healthcare, Sesa Goa


Piramal healthcare --- cash for free. good play for investors.




indus ind bank --- highly overbought




sesa goa --- time for some quick moves





ITC got stopped out the other sample trades mentioned did good. At one point of time till today morning we had 10-15 longs open πŸ˜› now cut it down. Make hay when the sun shines :). Although majority of the market seems to be going for shorts they seem to have missed a good opportunity. Example Hindalco 118 to 130 is 10%, Larsen from 1000 to 1150 is 12-15 % ! just some of the trades taken 


Had clearly mentioned exactly a week back at 4650 levels on January 3rd 2012 that Nifty is setting up for a short term rally is the Bearish consensus had become very high. Also the technical reasons were specified in this post β€”  Short Term Rally


People can also start following me on for some snippets.

Also for all the readers this scheme β€”  will not last for long. ( there was some linking problem which is now rectified )

Happy Investing,

Nooresh Merani

Article by Nooresh Merani

Nooresh has written 2531 articles.

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{ 5 comments… add one }
  • JAGDISH K MODI January 12, 2012, 11:20

    hello sir smartlink buy hote nahi he kya kare pls advise

  • gauri January 13, 2012, 15:59

    dear nooresh i wud like to know ur views on sriram transport finance fr d next week,plz reply soon

    • nooresh January 15, 2012, 15:57

      Hi Gauri,

      In the short term thebounce seems to be over or a bit overdone.

  • rakesh June 29, 2012, 18:54

    i have purchased 3000 Granules India at average price of 107, and 1000 asahi songwon at 88. pls advice whether to hold or book profit

    • Nooresh July 2, 2012, 12:23

      No view on granules. If a trading bet exit asahi as its a more longer term play


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