Technical Analysis of Indian Equities by Nooresh

Mid-Cap IT Breakouts – Persistent Systems and Mindtree

 

In the past few months we have been consistently recommending a lot of Mid cap IT stocks like Satyam, Tech Mahindra, Hexaware, Polaris which have performed very well.

 

Now we see two more breakouts which were recommended to clients in last couple of sessions.

 

One may look to buy on dips with given stops.

 

Mindtree

 

 

 

Persistent

 

TECHNICAL ANALYSIS TRAINING SESSION SCHEDULE

 

CLASSROOM SESSION --- MUMBAI September 15-16

 

ONLINE TRAINING SESSION – SEPTEMBER 22-23

 

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Fees : 5500 + Service Tax.

 

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Article by Nooresh Merani

Nooresh has written 2555 articles.

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{ 8 comments… add one }
  • vijay September 13, 2012, 11:04

    Hi Nooresh,
    Some views on Rssoftware & Wockhardt .

    Reply
    • Nooresh September 16, 2012, 22:14

      rs is a buy wochardt on dips

      Reply
  • vinay raj September 15, 2012, 17:35

    I have short LARSEN @1420/-so now what i have to do .In which rate i have to cover the same please reply back soon.

    Reply
  • Naresh September 16, 2012, 18:42

    Hi Nooresh,
    Whats your take on Metal sector like STEEL and Non-Ferrous?

    I am looking for Godawari Power & STERLITE Inds for investment purpose.

    Can you pls guide?

    Thanks

    Reply
    • Nooresh September 16, 2012, 21:59

      too early for technical update on both as of now. godawari is a good one if u have patience

      Reply
  • Amit November 7, 2012, 08:11

    Sir Persistent is now trading around 480, is it advisable to book profit here or shall wait for more upside. Also sir want fresh levels from you on the stock.

    Thanks

    Reply
    • Nooresh November 15, 2012, 15:31

      well can continue to hold some qty for further 550.

      Reply

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