Technical Analysis of Indian Equities by Nooresh

Nifty Poll results

We have 58% expecting 5800-6200 and 42% expecting 4800-5200.

 

Lets c how it goes.

 

My personal expectation is we have a strong base at 5100-5200. More positive then negative.

 

Cheers,

 

Nooresh

Article by Nooresh Merani

Nooresh has written 2627 articles.

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{ 4 comments… add one }
  • r singh March 19, 2012, 14:06

    It seems the minority was right!

    Reply
  • arindam March 19, 2012, 19:00

    Sir,

    I am a regular reader of your column but this time i have found that India vix is below 24 but still the market tanking and the fii data also show positive flow what this mean.? kindly explain
    and one more i found that Dii is always selling? why

    Reply
    • nooresh March 20, 2012, 09:23

      Well India Vix can even go to 14-16. No exact co-relation as such

      Reply

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