Technical Analysis of Indian Equities by Nooresh

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Possible Inverted Head and Shoulders Negated – Will it head to 17300 or lower?

Sensex Technical View:   Yesterday we had discussed a possibility of an inverted head and shoulders in making which as suggested to be WISHFUL THINKING ended up being so. The test of 200 dema and a subsequent fall confirms the continuation of the downtrend. The volatility index has broken out [...]

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 [...]