Technical Analysis of Indian Equities by Nooresh


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Blue Star Infotech – Interesting Small Cap IT Company

In Stock Fundamental View

  Technically the stock came into radar for the last few weeks as volumes have consistently been picking up in the stock.  Above 80-85 is a strong indication of something cooking into the stock.   Now lets look at a quick fundamental check ( trying to find out more on [...]

Aditya Birla Nuvo – Long Term Range Breakout

  Aditya Birla Nuvo – A stock which remains a top portfolio pick for next 1-3 years and have been strongly advising an accumulate between 850-750. The stock had been in a range of 700-1000 for last 3 years. Finally the stock has broken out and gives a medium term [...]

ANALYSE WEALTHWYSE ..the Absolute Return Portfolio!

ANALYSE WEALTHWYSE ..the Absolute Return Portfolio! INTENT   Investing in top QUALITY stocks with potential for exponential GROWTH, technically TIMING the entry to reap maximum REWARDS at lowest risk.   Let the Master create, build and help you manage your portfolio. Get the best entry & Exit levels.     [...]

Smartlink Network Systems —- Cash on Books 300-360 crores – Market Cap 130-140 crores- A good investment pick.

In Stock Fundamental View

Although i have been recommending the stock many a times on this site. We earlier initiated a buy around 68-73 before the dividend being announced. Booked out major quantity at 90 taking a cautious stance on announcement.   For the past many months we have been advising clients to accumulate [...]

Aditya Birla Nuvo and Ashok Leyland —- Will they breakout above the resistance.

  Aditya Birla Nuvo : In August had discussed about the stock at 850-820 levels as being a good defensive investment for long term with a broad valuation —- Aditya Birla Nuvo – lots of Value   The stock has been facing a lot of resistance in the band of [...]

NESCO — Interview of Sumant J Patel. They have 6.6 lakh square feet in the recent building.

In Stock Fundamental View Q: Give us a sense of what sort of opportunity do the MoUs provide for you? A: We just completed construction of our IT building III and started marketing. We have already leased about 1,50,000 sq feet and before end of December we should complete the MoUs for all [...]

NESCO —— A steal at 800 cr market cap with almost 2500-4000 crores of Land Value and No debt !

In Stock Fundamental View

NESCO  —   Market Cap — 800-820 crores Book Value – 161 CMP – 581 EPS ( TTM ) – 50 P-e – 11.5 Div – 25%   Please go through the site – Also we have participated in investor exhibitions at this place and attended many other exhibitions [...]

Jubilant Foodworks – Too Expensive –Highly Speculative !

This has been one of the favorite stocks of speculators over the last many months.   If one has to simply look at the fundamentals it really hits us as to why would you buy this stock at 850-900 levels ? Things to note.   -> Current Market Cap of [...]

Nifty/Sensex – A brief Statistical look on P-E/Div Yield.

    Above is a quick snapshot of Sensex/Nifty statistics – namely – EPS , Div Yield , P-E ratios.  Mind you the above numbers are consolidated and the estimated eps is as mentioned in bloomberg.   So lets take a plot of it and major swings in it.   [...]

Aditya Birla Nuvo – Lots of Value

In Stock Fundamental View

Aditya Birla Nuvo has been another defensive favorite which we have kept trading between 800-970 and prefer to buy in systematic manner at 910/850/800.   Now let us look at the Sum of the Parts ( SOTP ) calculation for the various businesses under Aditya Birla Nuvo. Before we take [...]