Technical Analysis of Indian Equities by Nooresh

Aurobindo Pharma – Finally a Breakout.

Auro

 

Finally the stock has broken out above the 121 mark. Expecting a move to 132/144 in short term but will keep booking partial profits on the way to reduce risk.

 

Disclsoure : Have a buy position recommended to clients as well as mentioned on CNBC - http://www.moneycontrol.com/tv/cnbc-tv18-shows/traders-only-2012-04-16.html 

 

 

Meanwhile we have launched a new plan which is best suited for Investors with a medium to long term outlook and a passive / conservative approach to investing.

ANALYSE WEALTHWYSE —- Check the link for more details.

The consultancy charges are Rs. 9,999/-  inclusive of all taxes & charges for 1 year.

We had a similar portfolio in August 2011 which stands around 23-25% gains. We had a much conservative approach in it as booked partial profits a bit too early but majority of the stocks have jumped 50% + also from recommended levels.

Happy Investing,

Nooresh Merani

nooreshtech@analyseindia.com

09819225396 ( after market hours only )

Happy Trading,

 

Nooresh Merani

Article by Nooresh Merani

Nooresh has written 2583 articles.

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