Technical Analysis of Indian Equities by Nooresh

Interesting Trade Setups–AmaraRaja Batteries, Glenmark Pharma, Just Dial, Reliance Capital, Reliance Infra, Tata Motors, Wipro

AmaraRaja Batteries


Back to the resistance at 880-900

Glenmark Pharma – Another Pharma Stock breaking out. Good volumes in last two days


Just Dial



Good consolidation and setting up for a breakout.

RELIANCE ADAG GROUP --- Showing strong signs of reversal – Can they surprise on the upside ?

Reliance Capital

Reliance Capital -- Strong reversal from lows and now on verge of a 6 month breakout.

Reliance Infra

Reliance Infra -- Small breakout. Can it see a follow up ?


Tata Motors

Tata Motors - Yet another attempt at the descending channel. Can a big short covering move come ?


WIPRO -- The laggard in IT sector. Can it breakout above 287-290 ?

Disclosure – Some of the stocks have been recommended in our advisory services.

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Article by Nooresh Merani

Nooresh has written 2735 articles.

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