Technical Analysis of Indian Equities by Nooresh

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Cadilla Healthcare – On verge of Breakout –

  CADILLA HEALTHCARE - The stock is on a verge of breakout and give a quick move to 980-1000 or even higher in extreme short term. Traders can buy above 940 with a stoploss 910.   Disclosure : Recommended to clients   High risk traders can watchout for GMDC tgt [...]

Rumours, Sources, Unconfirmed, Delisting , Takeover, Stake Sale, Land Sale – First Leasing, Foseco, Raymond, Fresensius Kabi , BASF, Novartis, Century Textiles, FSL, Timken, Karnataka Bank , India Infoline the list goes on !!!

In the last few weeks we have been bombarded with rumours of all sorts. Every business channel, Blackberry messenger, Yahoo or any modes of communication is full of rumours. Even more interesting is the part of how creatively the rumours are designed :) on exciting words as described in the [...]

First Leasing and Sicagen India up 15% and now street is buzz with takeover rumours !!

Around 2-3 sessions back when First Leasing was trading at 95-100 and sicagen 25-26 on Friday morning we had posted about the price volumes indicating that the possible takeover news maybe on cards and some insider buying being done.   We had covered the stock in our investment picks for [...]

First Leasing Company of India and Sicagen India

Technical View:   The stock made a huge move from 75 to 100 with high volumes and delivery volumes. After that the stock had been consolidating around the 50% retracement. Yesterday was a first pullback volume tick which has been confirmed by todays strong move.   Fundamental View The book [...]