Technical Analysis of Indian Equities by Nooresh

Jindal Saw – Long term turnaround and breakout. Punj Lloyd on verge of breakout

Jindal Saw - Breakout

 

Jindal Saw – The stock has given a triangle breakout today above 53-54 with very huge volumes. The momentum can take it to 80 also in medium term on sustaining 54.

 

Disclosure : Recommended at 53 to clients.

 

 

Punj Lloyd

 

Punj Lloyd is on verge of breakout on sustaining above 30-30.5.

Can expect a quick move to 33-35 and 38-42 also in short term. Keep trailing stoploss. Current stoploss at 29

 

Disclosure : Recommended to clients at 30-30.5

 

TECHNICAL ANALYSIS TRAINING MUMBAI – January 11-12

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Nooresh Merani

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Article by Nooresh Merani

Nooresh has written 2595 articles.

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