Technical Analysis of Indian Equities by Nooresh


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Nifty at 11000 or 9000 – Take your Guess . Banks and Financials down to 33% weight from 40.

In Technical Analysis

  In our last post on the calculator Nifty at 5000 or 7500 on downside or 10000 or 12000 on Upside –Take Your Guess. Now we are at 10k. Now another time to take a guess where to 9000 or 11000. You can try going beyond this range too.  Nifty [...]

Liquidity effect greater than Covid19 for Nifty50, leading to Sector Rotation.

In Technical Analysis

In our earlier post we had looked at Economy is Not Equal to Nifty50 Nifty now back at 10k from the highs of 12400 and lows of 7500. Most of the global indices have now recovered more than 50-60% of the fall. Nasdaq has hit a new all time high. [...]

Short and Long – Asian Paints , Berger Paints,JSW Energy & Tech Mahindra

In Technical Analysis

Some charts on radar. Good follow up on some of the names covered in last two posts. Trading Range Breakouts & Charts on Radar ASIAN PAINTS Leadership stock now finally seems to be losing the momentum. Fastest recovery in april and now lagging. 1750-1800 a resistance zone for a short [...]

Technical Charts on Radar– Biocon , Adani Ent, NAM INDIA and Motilal Oswal

In Technical Analysis

Biocon limited – all time highs … quite a few attempts to cross 367 adani ent – price and volume breakout but a volatile stock.   nam india – earlier reliance nippon – Double bottom reversal on cards. Motilal Oswal – Good consolidation. Continue to like broking and asset management [...]

Trading Range Breakouts on Radar –Apollo Tyres,NMDC,Motherson Sumi, Zee,ONGC and Hindustan Oil Exploration

In Technical Analysis

Quite a few stocks making a sideways range for last 10 days and 2 months. Some of them near breakouts. Such a trade is supposed to be with strict stops. The reason to post these charts is a lot of these charts if they sustain higher implies some sort of [...]

Opportunities in Bear Markets and Consolidations post 1992, 2000, 2008 and 2020.

In Technical Analysis

In our previous post Equity–Never been so Bad so Quick. What Next ? we looked at how the current fall has been the fastest and deepest in a long time. Although every Bear Market where Index falls 30-60% and Broader Markets 40-70% is different but what we have noticed is [...]

Nifty50 is a Different India. Economy not Equal to Nifty50!!

In Technical Analysis

My earlier articles on this topic 1) Nifty 2016 is a very different animal from Nifty 2008 !! 2) The Ship of Theseus Paradox – Nifty 2008 and Nifty 2016 3) This Time its Different–Nifty 50 A very recent article where we looked at how its Never been so bad [...]

Online Technical Analysis Course–Rs 6000 for 1 year Access

In Technical Analysis

The Full Course on Technical Analysis is now uploaded and can be bought digitally with 1 year access to the recordings. The Course is divided into 4 sections Section 1 – Introduction to Basic Technical Analysis Concepts. Section 2 – . Technical Analysis Chart Patterns, Indicators, Trendlines.  Section 3  –  [...]

Time to be Cautious on Pharma and FMCG

In Technical Analysis

The best recovery in the current move has been in Pharma and FMCG. This has always been the case in the first recovery after the downleg the defensives do really well. If the view is the current bounce should pause at 50% of the recovery say 10k max , pharma [...]

KRBL Limited–Pledged Shares selling creates a Bottom

In Technical Analysis

  Continuation from previous post – Insider Buying–A good way to hunt for Companies to Research. A small product offering designed by Harsh – Base Price min Rs 300 Rest – Pay as you want for next 2 months. Will decide cost as after improvisations as per feedback   – ( [...]