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.

 

 

If you would like to Learn Technical Analysis and become independent we are conducting a course on June 7-8th in Mumbai. Check details –http://www.nooreshtech.co.in/2014/05/technical-analysis-training-mumbai-june-7th-8th-2014.html

 

Also for long term investors – Last few entries left for Analyse India Big Value 2.0. Last date extended till June 10th - –http://www.nooreshtech.co.in/2014/05/last-20-entries-for-big-value-2-0-and-big-value-1-recommendation-list.html

Thanks and Regards,

Nooresh Merani

www.analyseindia.com

Twitter – https://twitter.com/nooreshtech

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nooreshtech@analyseindia.com

Article by Nooresh Merani

Nooresh has written 2751 articles.

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

    great Recommendation & great profit booking yesterday bought dhanbank

    Reply

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