Technical Analysis of Indian Equities by Nooresh

Smallcaps on Radar–Niit Limited, Ceat Limited, Fairchem Speciality

Disclosure – The stocks have been recommended to clients and vested interests. Please do your own research and risk management. Read the disclaimer and disclosure.

NIIT Limited – A triangle breakout on cards above 110-112. Upside to 140 possible. Stops a little deep at 95-100

NIIT Limited

Ceat Limited – Breakout on sustaining above 1050-1060.

Ceat Limited ch

Fairchem Speciality – Buy initiated at 520-535 and partially booked at 650 but a dip back to 550-600 could be a good re-entry opportunity or fresh for long term.

Fairchmem Speciality

 

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Article by Nooresh Merani

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