Technical Analysis of Indian Equities by Nooresh

≑

VATECH WABAG – Techno-Funda bet

VATECHWABAG

VATECH WABAG -- A nice cup and handle breakout with upside target of recent top
of 630 and maybe higher in medium term.

 

Multiple tops at 520-530 has been
broken and good close.

Technically a stoploss would be closing below 520

 

Also one of the best bets in the water treatment business with a long term view.

Meanwhile tomorrow is 21-12-2012 which according to the Mayan Calendar is the last day of the world. Enjoy the day tomorrow. If we live to see the end of 2012 then be ready for few more years of Technical Analysis posts from me πŸ™‚

 

TECHNICAL ANALYSIS TRAINING SESSION

Tentative schedule

 

Delhi – January 7-8th and Bangalore 14-15 th January 2013

Article by Nooresh Merani

Nooresh has written 2556 articles.

You can follow Nooresh Tech on Facebook and Twitter here.


{ 1 comment… add one }
  • shree December 21, 2012, 07:40

    We should have shorted the companies that manufacture calenders,greeting cards (archies) as the sales would have been less thinking world would end on 21 st dec. Probably we can go long on these stocks atleast now from dec 22 as ppl will start buying calenders,new year greeting cards etc. πŸ™‚

    Reply

Leave a Comment