Technical Analysis of Indian Equities by Nooresh


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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 [...]

Nifty – Falling Wedge Formation. Be Alert !!

In Nifty Technical View

In our previous post we mentioned about a trade from 7300 to 7600 which worked well. In this one we would wait for a reversal signal in coming days. Although technically 7200 +-100 points remains our support zone and buying area its always tough to get every bottom right. Its [...]

Bank Nifty – Double Bottom Confirmation if crosses 15500-15700.

In Nifty Technical View

This is a quick Technical View on Bank Nifty Bank Nifty Technical View In the last 2 days Bank Nifty has made same bottoms around 14750 similar to the one last month. RSI is on an uptick indicating divergence. Major supports on the longer term chart is placed at 14500 [...]

Nifty Calculator February 2016 – Market Kya Lagta hai ?

In Nifty Technical View

Back again with a quick post on Nifty Calculator. Do use it to get possible Nifty zones. NIFTYCALCULATOR February 2016.xlsx   This exercise has helped me pick bottoming out zones pretty well over the years. It would be of great help if you can put your gut feel/technical/fundamental optimistic and [...]

Nifty Technical View – Detailed Video. Bottoming out.

Hi, This is a detailed explanation of our technical view on Nifty made by team mate Ankit Chaudhary Do check it out.

Midcap and Smallcaps – Nothing to Worry be Selective !!

In Nifty Technical View

In the last two days a lot of midcaps/smallcaps have corrected and a lot of portfolios would be down 5-10%. But the amount of media coverage and panic is amazing as if stocks should only go up. There have to be corrections/mini crashes etc. So lets look at the midcap [...]

Nifty 2016 and 2012 – Will Consensus of Downgrades be Wrong Again ?

In Nifty Technical View

We have had one of the ugliest starts to any year across global markets in 2016. This is in stark contrast to what  market-men expected in this  year. Although my expectations were not very positive but it was definitely not a negative year. Luckily the focus was on #midcaps/#smallcaps and [...]

Nifty and Bank Nifty in Down Channel but Midcaps in Uptrend

In Nifty Technical View

A quick technical update on the benchmark indices.   Nifty Technical View We did cross the 8050 tops indicating a short term trend reversal post the lower tops and bottoms. Now very close to the upper band of the channel at 8300-8400. Given that its almost a 10 month channel [...]

Nifty and CNX Midcap Technical View

In Nifty Technical View

  A quick update on Nifty. Suddenly we are seeing a wave of bullishness across people. Remember this update on RSI Nifty and subsequent ones –  Nifty Technical View Downward channel bottom made at 7550. Upside channel resistance now at 8350-8400. 61.8% retracement of the last downmove comes to [...]

Nifty back to 6000-6400 !! in Dollar Terms !

In Nifty Technical View

Over the last few years we have seen Defty and Dollex 30 have given some really good signals to major topping out and bottoming out. Bse Dollex 30 is back to 3050. This was the price it broke out in 2014. In dollar terms we are back to the breakout [...]