Technical Analysis of Indian Equities by Nooresh

Trade Setups–Eicher Motors, Vedanta Limited, MOIL

Some of the interesting trade setups.

Starting a new series of posts where we will highlight possible trade setups with a rough stop loss. How to execute the trade or reject the trade is dependent on every individual style and various parameters.

So Please do your own research and read the disclaimer. We may have vested interests or may do so on price action.

MOIL s

  • MOIL Limited
  • Very good volumes in the last few weeks.
  • Multiple tops at 190-195.
  • A stop would be around 185. Can pre-empt or watch for follow up above 195

Vedanta

Eicher Motors

  • Eicher Motors
  • Recent tops at 29000-29200 cleared.
  • Stops would be at 28500-28800.

 

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Article by Nooresh Merani

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