Technical Analysis of Indian Equities by Nooresh

First Leasing Company of India, Amrutanjan , Kakatiya Cements – Stocks on Watchlist

Kakatiya Cements


Kakatiya Cements

This is one cements cum sugar company which has not seen much appreciation in spite of low debts. Need to watch for a breakout move above 98 for a quick target of 115.




Amrutanjan – The stock continues to make the attempts at 830 and drops to 770. With a bit of volumes increasing one may watch for a breakout above 830-840. Alternatively can take a speculative trade at 800-810 with a stoploss of 770 for a sharp move.





FIRST LEASING COMPANY OF INDIA  ----- Good basing out formation and long dividend yield record.
Can be a buy around 54. With a 3.23% seems downside is limited but a stop at 50 would be better.



Best Regards,


Nooresh Merani

Article by Nooresh Merani

Nooresh has written 2774 articles.

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{ 2 comments… add one }
  • Sandeep October 23, 2012, 00:34

    Hi Nooresh,

    What should be the targets for first leasing and Amrutanjan?


    • Nooresh October 25, 2012, 21:11

      First Leasing can be an investment pick


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