Technical Analysis of Indian Equities by Nooresh

Technical View on Voltas, Tata Global Beverages

Voltas

 

Voltas – The stock can be a good trade for a few sessions with a stoploss of 90 although a move above 95 with volumes would be a confirmation.

 

tata global

 

Tata Global has been in a trading range for last many months. The channel is around 40 bucks.

Interestingly now it is testing the lower end which could be a good zone to do some bottom fishing. Also it can be a good stable pick for a very long term view as well. A bounce to 148/155 is very much possible.

 

A similar trade which we initiated for clients was Dabur.

Dabur

 

 

Stock gave a nice bounce from 160 to 168 in quick time.

 

Technical charts of a lot of capital goods have finally turned around. Next dip could be interesting for long term investors. Will cover the stocks in coming weeks.

 

 

TECHNICAL ANALYSIS – ONLINE TRAINING planned for mid December.

Participants just need a broadband connection and speakers.

Interested people can mail us on nooreshtech@analyseindia.com or For more details call Ankit 09899899989 Nooresh 09819225396

 

Book Recommendation

 

The Fountainhead – Ayn Rand – One of the must read books. Can keep on reading it again and again.

 

 

 

Nooresh Merani

www.analyseindia.com

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nooreshtech@analyseindia.com

Article by Nooresh Merani

Nooresh has written 2595 articles.

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