Technical Analysis of Indian Equities by Nooresh

img

Subscribe to our Newsletter

Get all the updates instantly in your inbox

Nifty RSI as oversold as 2008/2011 – But Midcaps/Smallcaps No Major Correction. Bottoming Out ?

Nifty has dropped from 8950 to 7950 in the last couple of months. This may not be as sharp a drop in percentage wise as it was in 2008/2011 but the speed of the fall on relative basis makes it as oversold as those times. Nifty - Oversold - But [...]

Nifty and CNX 500 Technical View.

In Nifty Technical View

Nifty Technical View Many bottoms at 8500. Resistance at 8750-8800. Can it see a move beyond this range in coming weeks. As the trend is still up the assumption would be a breakout on upside till 8500 holds. CNX 500 Technical View CNX 500 is a stronger higher top and [...]

#Smallcap Indices in All Time Highs and Outperforming Nifty!! Time to be Cautious and Selective !!

Hi, Nifty has done a solid bounce back much more than what I expected from the bullish point of view I had in February 2016. The trend continues to remain strong with higher tops and higher bottoms. The last bottom at 8540 would be a first zone below which would [...]

Nifty at 8500 up 25% from February Lows. Time to Ride or Step Aside ?

In Nifty Technical View

#Nifty has bounced back almost 25% from the lows of February at 6825-6860. Many stocks have bounced back much sharper. #YesBk up 75% , #HDFCBk 26% , #KotakMahindra 30%, #SBI 52% , #BOB 45% , #canbk 52% , #PNB 75% #BankNifty 38% from the Feb lows. #randomfact , #Vedanta 165% [...]

Nifty Technical View & 10 year Blogging Anniversary

In Nifty Technical View

In my last update had mentioned about increasing cash at 7900-8200. Nifty did not make that move beyond 8000 and dipped to 7700 in the interim. Now lets take a fresh view on Nifty Nifty Technical View Nifty has around 4-6 attempts at 7950-8000 over the last few months. The [...]

Nifty at 7900 and higher – Time to Increase Cash / Book Partial Profits.

In Nifty Technical View

This is a continuation to the Technical View on Nifty. Instead of writing a post with many charts decided to make a quick video but it ended up being a 15 mins video roughly. In this video we compare the moves of 2011-2012 bottoming out and the current one in [...]

Nifty Technical View and IIF Meet Video

In Nifty Technical View

Recently had written a few articles focusing on Nifty from different angles like technicals , p-e , Global Indices etc. I have consolidated the same into an e-book. Nifty Kya Lagta Hai - www.nooreshtech.co.in.pdf A quick follow up on Nifty Nifty Technical View For the last 12-13 months Nifty has [...]

Nifty Technical View and Some Charts of Nifty components

In Nifty Technical View

This is just a picture of how Nifty and some of its components are interestingly placed. Do your own research and this is not a buy/sell recommendation. Nifty Technical Chart 7400-7450 and 7600-7630 remains a band for the index now. Overall continue to maintain the stance of being bullish for [...]

Nifty 50 – Another set of exclusions/inclusions possibly coming in next 1 year.

Recently had written a few articles focusing on Nifty from different angles like technicals , p-e , Global Indices etc. I have consolidated the same into an e-book. Nifty Kya Lagta Hai - www.nooreshtech.co.in.pdf In a periodic review NSE removed PNB, Vedanta, Cairn India and replaced it with Aurobindo Pharma, [...]

Nifty – Bear Market Cycles/ P-E / FII Selling/ Global Indices co-relation.

This is a quick post. Let me first give a Disclosure. Totally invested at current levels. Ready to see further dips as no leverage. Also the experience of seeing many corrections since 2004 the apetite to see dips is definitely more and the comfort to ride too. My focus has [...]