Technical Analysis of Indian Equities by Nooresh

Long Term Trend Change Charts–BSE Limited, Sun TV and SBI

BSE LIMITED - Breakout with volumes and sustaining.
Finally a long term trend change.
Can head up slowly and steadily. Stoploss 520.

BSE Limited

 

SUN TV --- Sustaining above 510 would be indications of a long
term trend change.
Momentum above 550 should increase. Stoploss 480
Sun Tv

SBI Limited – The big trade of next 1-2 years ?

Short term breakout on sustaining 325-330.

SBI b

The longer term chart – SBI

This can be a long term bet for next 1-2 years. Disclosure – Please do your own research. A personal favorite now and biased.

SBI big

 

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Article by Nooresh Merani

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