Technical Analysis of Indian Equities by Nooresh

Smallcap Indices–Double Bottom Reversal on Cards ? Technical Charts – PFC , Divis Labs, ICICI Bank, Auro Pharma

 

 

Looking at the Nifty and Nifty Junior and some interesting setups.

PFC – Finally has crossed 90-92 resistance. Stoploss 85 Upside possibility 125

PFC

Divis Labs – Only large cap pharma to cross 2016 highs.

Divis Labs

Aurobindo Pharma – Knocking on 800-820 resistance.

Auro Pharma

ICICI Bank – 360-370 a major resistance for last 2-3 years. Can it cross and rally hard over the next year or so ?

320 a support and now seems a buy on dips with sl of 295

ICICI Bank Long

 

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Article by Nooresh Merani

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