Technical Analysis of Indian Equities by Nooresh

HSIL and Torrent Power – Midcap Breakouts with volumes.

 

Couple of days back had mentioned about HSIL as an interesting midcap pick with breakout at 86 levels.

 

http://www.nooreshtech.co.in/2013/10/hsil-limited-interesting-midcap-stock.html

 

 

Also tweeted about it being a Diwali pick

 

 

Here is the chart as it has broken out today.

 

 

HSIL

 

Expect the stock to head up towards 100/130 in short to medium term.

 

Disclosure: Recommended to clients at 80-82 and added at 86 today.

 

Another stock which gave a breakout with very strong volumes today was Torrent Power.

 

Torrent Power

 

 

Had tweeted about the stock at 87-88 levels in the day

 

The stock was also recommended as a quick trade to clients and we booked half of the position at 96.

 

Still looks good for a move towards 110.

 

Meanwhile another couple of stocks like Nilkamal  ( Guess the stock post. It was sent to readers who subscribed the Technical Trades Report  )  and Sonata have given nice moves. Another stock recommended did flop after making an initial move Dcm shriram.

 

We will soon come out with another report discussing technical trades in the next few days.

 

TECHNICAL ANALYSIS TRAINING MUMBAI

 

NOVEMBER 16-17

 

Details of the course content on more given http://www.nooreshtech.co.in/technical-analysis-training 

 

To register for the course mail to nooreshtech@analyseindia.com or call me on 09819225396 ( after market hours )

 

Online Payment

 

https://www.instamojo.com/noooreshtech/technical-analysis-training-mumbai/ 

 

 

 

 

Book Recommendation --

 

This is a must read book for all traders and investors. You can like it or hate it but got to read it.

 

 

( This is a flipkart affiliate link and a small percentage does go to me on sale )

 

Thanks and Regards,

Nooresh Merani

www.analyseindia.com

Twitter – https://twitter.com/nooreshtech

Facebook – https://www.facebook.com/nooreshtech

nooreshtech@analyseindia.com

Article by Nooresh Merani

Nooresh has written 2556 articles.

You can follow Nooresh Tech on Facebook and Twitter here.


{ 1 comment… add one }
  • manoj November 6, 2013, 10:00

    Sir

    Any thoughts on Kohinoor Foods-hitting upper circuit

    Reply

Leave a Comment