Technical Analysis of Indian Equities by Nooresh

Dhanlaxmi Bank – Breaking above multi-month resistance at 46-49 .

Dhanlakshmi Bank


DHANLAXMI BANK - Major resistance at 46-49 about to be conquered.
A medium term target would be 65-70 or higher.


Huge volumes in last two months indicates speculative activity or genuine buying.


Disclosure : Trading in and out of it from 35-37. Fresh recommendation today also.



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Nooresh Merani

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Article by Nooresh Merani

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{ 2 comments… add one }
  • Gokul Chandra June 3, 2014, 09:43

    great Recommendation & great profit booking yesterday bought dhanbank


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