Technical Analysis of Indian Equities by Nooresh


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Sensex – No Follow Up Moves on Either Side !!

Sensex Technical View : In the last 3 weeks everytime there was a ray of hope through some respite and a positive candlestick pattern the markets have cracked further. We see a doji, harami followed by just one positive day and the next day bang the markets fall. So its [...]

Sensex should face resistance at 19500-19600. Will Real Estate see a Bounce !

Sensex Technical View: The last two bottoms around 18800 shows that market seems to be taking support at the 200 dema. The earlier move below 19000 in short term is a dangerous signal but the last few sessions did not see a follow up selling implies one needs to wait [...]

DLF,SBI and Tata Steel … Tae

4 charts and view on them . CLICK TO ENLARGE !!! Take your own call as per market conditions. Can take trades on short side only if stocks stay below breakdown levels for some time. Keep strict stops. Nothings changed on Sensex so view remains sameSensex Technical View :Sensex Technical [...]