Technical Analysis of Indian Equities by Nooresh

Momentum Breakouts – Clariant Chemicals and Zee Entertainment and Federal Bank on Radar

Clariant Chemicals


-> Clariant Chemicals has confirmed a breakout today with volumes and sustaining above the 950 mark.

-> Can be a medium term pick for upsides to 1300.

-> Stoploss closer to 880-900.


Disclosure : Like the stock fundamentally too and recommended to Technical Traders Club


 zee ent


-> Zee has given a lot of whipsaws and reversed from the 300-310 mark almost 4-5 times in past few months.

-> This breakout momentum if continues can take it to 350 in short term and 400 –450 + in medium to long term.

-> Looks interesting wth a medium term perspective.


Disclosure : Recommended at 298-303 in Technical Traders Club



A stock which is on radar for a breakout confirmation is Federal Bank


Federal Bank


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Article by Nooresh Merani

Nooresh has written 2717 articles.

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