Technical Analysis of Indian Equities by Nooresh


Interesting Technical Charts – Vesuvius India, Venkys India, Suprajit, Jamna Auto, Himatsingka Seide,KRBL, KPR Mills, Deepak Nitrite and DCW

Just posting a few charts which are interestingly placed around resistance levels. On radar for possible breakouts and confirmation.

Vesuvius India --- At a 2 year + resistance.



Venkys India at a 5 year Resistance.



Suprajit Engineering - Range Breakout


KPR Mills --- New all time Highs. Can it continue the ride and show further momentum. ( Disclosure - Author and his family hold shares from lower levels so biased. )

KPR Mills


KRBL --- Good breakout into all time highs. Can momentum continue.


Jamna Auto --- 150-155 a stiff resistance.

 Jamna Auto

Himatsingka Seide -- Back to Highs - What a Recovery --- Another Fresh move ?


Deepak Nitrite --- 80 a stiff resistance.

 Deepak Nitrite


DCW ---- Cup and Handle -- Can it breakout above 31-32

 DCW Blog


Disclosure --- DCW , KRBL has been recommended in Technical Traders Club and   KPR Mills and Himatsingka Seide also at much lower levels.

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4th and 5th June 2016

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Nooresh Merani

Securities covered above::  Vesuvius India, Venkys India, Suprajit, Jamna Auto, Himatsingka Seide, Deepak Nitrite and DCW

SEBI Registration disclosure – Investment Adviser

Financial Interest:

Nooresh Merani and his family/associates/ analysts do not have exposure in the securities mentioned in the above report/article.

Nooresh Merani and his family/associates/ analysts do not have any financial interest/beneficial ownership of more than 1% in the company covered by Analyst.

Nooresh Merani and his family/associates/ analysts have not received any compensation from the company/third party covered in the above report/article ever.

Nooresh Merani and his family/associates/ analysts has not served as an officer, director or employee of company covered in the report/article and has not been engaged in market-making activity of the company covered in the report/article.

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Article by Nooresh Merani

Nooresh has written 2786 articles.

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{ 4 comments… add one }
  • bhanu prakash May 19, 2016, 12:28

    Congrats!! for blogging 10 years + , I am a live witness.:-) Have seen your success and growth, (Hard work + Dedication ) topping with modesty, πŸ™‚ signs for another 10 decades journey. what i appreciate in your style of analysis is… Conviction, Like the one we are witnessing in Virat Kohli’. otherwise every has talent and every one looks at the same data. Just say Hi when you have some time.

    • Nooresh May 19, 2016, 12:52

      Hi Bhanu,

      Thanks for your appreciation. You have been commenting also once in a while for a long time. Will meet up some time πŸ™‚

  • Dr Soundararajan PP May 29, 2016, 16:27

    Ten years is quite a long time and one needs determination and grit to travel in the chosen path.
    Congratulations and all the best!

    • Nooresh May 30, 2016, 13:57

      Thanks for your kind words.


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