Technical Analysis of Indian Equities by Nooresh

Divis Labs , Indian Hotels – Flag Breakout trades

Divis Blog

 

Divis Labs – This is a quick trade advised at 1400 yesterday with a target of 1450 and higher. The stock has been a strong uptrend and a fresh flag breakout makes it a nice quick trade.

 

 

Indian Hotels

 

This was a trade advised yesterday at 63. Although the flag breakout took place earlier we waited for a move beyond recent highs of 62.5-63. Booked partial profits at 67-68 and now trailing the position.

 

These are examples of how to trade technically.

 

Thanks and Regards,

Nooresh Merani

www.analyseindia.com

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Article by Nooresh Merani

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