Technical Analysis of Indian Equities by Nooresh


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Diesel Price Hike by Rs 3, LPG by Rs 50 and Kerosene by Rs 2 – Economics over Politics

The government has approved a price hike for diesel, LPG and kerosene. Diesel prices will increase by Rs. 3 a litre and LPG by Rs. 50 more per cylinder. Kerosene prices have been increased by Rs. 2 per litre.   Although everyone would feel the pinch of the Price Hike [...]

Why would someone wait for 20-30 mins to fill Petrol and save 200 bucks ? :) – Petrol Price hike Impact

In Budget Random Thoughts

    Petrol Price hike : Rs 5   Average Petrol Capacity : 30-60 litres.   The average fuel one would fill : 40 litres   Average Saving : 200 rs   Investment to be done – 2700 :) Waiting Time 15-30 mins in the middle of the road in [...]

Late Reaction to the Budget !

In my previous post had mentioned about some similarity to the positive formation in last budget which got negated due to the big move in crude. But certain things which has a similarity is VIX has dropped in the same manner. In last budget also Sensex lost 400 points from [...]

Budget – Highly Volatile but No Direction !

  Sensex Technical View: Basically at this point there is no clear direction or trade to go for with high conviction. Lower top Lower Bottom formation continues so there is no bullish indication. Also recent lows have been holding up so no bearish conclusions. Volatility is very high with markets [...]

Budget 2011 – Wishful Thinking with VIX and Sensex !!

Below i am trying to just look into VIX index which gives a good idea of sentiments and Bse Sensex which gives a technical idea.   BSE SENSEX : Budget 2010 Last time in Budget 2010 the index had made a very clear Inverted Head and Shoulders pattern which was [...]