Technical Analysis of Indian Equities by Nooresh

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S&P 500 and VIX–Fear at 10-25 Year Highs–Time to Buy and be Contrarian

In Technical Analysis

Its been some time since have made a youtube video on the market condition ( 1st video in 2008( Major bottoms in S&P 500 made when CBOE Vix tops out at 40-45. 2-4 sessions a low is made or in next 2-6 weeks average. A lot of support price points [...]

Dow Jones & Nifty Technical View

In Technical Analysis

Dow Jones Technical View RSI and Dow Jones Daily Chart with price labels. Dotted Green lines show what happened when Dow Jones RSI dropped to 30 or lower. 2-3 close lines are positive divergences. In 2018 we bottomed out a few times around 30 RSI and had 2-3 bounces from [...]

Smallcaps on Radar–Niit Limited, Ceat Limited, Fairchem Speciality

In Technical Analysis

Disclosure – The stocks have been recommended to clients and vested interests. Please do your own research and risk management. Read the disclaimer and disclosure. NIIT Limited – A triangle breakout on cards above 110-112. Upside to 140 possible. Stops a little deep at 95-100 Ceat Limited – Breakout on [...]

LargeCaps at Support – PowerGrid, Indusind , Adani Ports , M&M – DECMA EVENT

In Technical Analysis

There are two ways to take a trade around Supports. One is to  buy around support with a strict stoploss. Second is to sell short on breakdown. Both the trades are tough to setup but risk-rewards tend to be good if the bounce or breakdown plays out. Power Grid – [...]

Long Term Trend Change Charts–BSE Limited, Sun TV and SBI

In Technical Analysis

BSE LIMITED – Breakout with volumes and sustaining. Finally a long term trend change. Can head up slowly and steadily. Stoploss 520.   SUN TV — Sustaining above 510 would be indications of a long term trend change. Momentum above 550 should increase. Stoploss 480 SBI Limited – The big [...]

Buy Blue Chips–You will never Lose Money–10 Blue Chips with zero return for a decade.

In Technical Analysis

When I entered the market in 2004-2007 heard following things Pharma is a defensive sector will not give a lot of returns. FMCG are slow moving stocks best meant for retired investors who own from 1970-1990. Real Estate Stocks have lot of hidden Land Value , India needs Infrastructure so [...]

Quick Tech Check on Nifty 50, Nifty 500,Nifty Next 50, Nifty Midcap 100, Nifty Smallcap 100

In Technical Analysis

Nifty 50 Nifty 50 Retest of last breakout being tested at 11600 odd. Channel support and previous bottom and breakout around 11100-11200 remains a major support and buy zone if it does come. Last higher bottoms at 11830/11930 got broken and should act as resistance. RSI back to 30 but [...]

Online Technical Analysis Training Session

In Technical Analysis

Over the last few years most of my training sessions have been in Mumbai due to my preference not to travel given family and social commitments. There have been a lot of queries for Online Training Sessions. So here it comes “Online Technical Analysis Training” which you can subscribe and [...]

Midcaps on Radar–MGL, GMR Infra, Ujjivan, Ramco Cements, MRF , Federal bank , Apollo Hospitals

In Technical Analysis

Nifty Midcap 100 – Showing strength It has crossed the highs made 4 days back and is close to crossing 2019 highs. Interestingly lot of strong trends in top weights of the index like – InfoEdge, CUB, Tata Global, Au Small Bank Some more seems to be shaping up well. [...]

Nifty Pharma Index–Can it breakout ?

In Technical Analysis

Nifty Pharma – Back to the resistance of 8300-8400. Will it be able to breakout. Will be on radar for coming few weeks. The Top 2 weights Sun Pharma – ( 23% Weight )   Dr Reddys – ( 17% Weight )     The Indian Trading Conclave goes live [...]