Technical view by Nooresh

United Phosphorous – Triangle Breakout can target 160-165

uni phos


-> This is a day older chart and todays move to 150 has confirmed the breakout.

-> Expect a move to 160-165 in short term. Stoploss now to be taken to 139.


Disclosure: Advised to clients at 142/148 in last two days.



Planning for a training program in Chennai on October 26-27.

People interested can mail to

Mumbai session planned for October 2nd weekend.

Also we will soon be coming out with a online training program which will be through 2 weeks and in small 2-3 hour sessions. For now the material is being prepared and other execution issues being solved.



Article by Nooresh Merani

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{ 3 comments… add one }
  • A C Roy October 5, 2013, 20:01

    Your advice on 3 stocks:
    Chambal Fert: Rounding bottom, wedge break out?
    Oberoi Realty: Flirting w 50 DMA for quite some time. can it break and go to 215 / 235?
    Sesa Goa: Approaching 200 DMA with a flag pattern. Can it accumulated for 256?

    • Nooresh October 6, 2013, 23:00

      sESA goa will need follow up with volumes. Not tracking the other two

  • maheshjaisingaani October 5, 2013, 22:05

    please send information of yes bank.


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