Technical Analysis of Indian Equities by Nooresh

Short and Long – Asian Paints , Berger Paints,JSW Energy & Tech Mahindra

Some charts on radar.

Good follow up on some of the names covered in last two posts. Trading Range Breakouts & Charts on Radar


asian paints a short

  • Leadership stock now finally seems to be losing the momentum.
  • Fastest recovery in april and now lagging.
  • 1750-1800 a resistance zone for a short entry with stops at 1830

Berger Paints

Berger Paints


JSW Energy

JSW Energy Blog

  • Had tweeted about this in the day around 42.
  • Strong breakout with volumes. 35-40 is also a multi-year support zone.
  • Can head up to 55-60. Stoploss 39.

Tech Mahindra

Tech Mahindra

  • Near a range breakout but no follow up yet.



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