Technical Analysis of Indian Equities by Nooresh

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Mtnl can it or cannot….

In Technical Analysis

MTNL has always been one sluggish stock with spurts n buying interest coming once in a while..Technically it is in a position breakout of a range bound channel. It should start closingconsistently above 165 levels . lets c whether it can or not..

Bharti Shipyard wedge formation…

In Technical Analysis

Bharati shipyard looks good currently if it is able to breakoutof the wedge formation..Would like to see better volume spurt which can easily lead toa rally of more then 40-50rs.. in the stock..

Govind Rubber

In Technical Analysis

IF U PEOPLE REMEMBER I HAV BEEN WRITING ABT GOVIND RUBBER FOR A LONG TIME.IT WENT TO 20 ODD LEVELS EVEN THEN I SAID GOOD OPPORTUNIY . NOW SHOWING MOVEMENT AGAIN 38.50 NOW.REASONS:1)GO TO SHAREHOLDING PATTERN ON BSE FOR IT AND IT WILL SHOW U " WINSTAR INDIA LTD" .wat [...]

Educomp n reasons for recommending

In Technical Analysis

EDUCOMP was recommended alongwith CRANES software on orkut latter still good only .http://www.orkut.com/CommMsgs.aspx?cmm=163277&tid=2481302516446558109The reasons for the same are shown. the chart is self explanatory any queries comment cant write more u can see good volumes along with trendline breakout about to happen n thats why written in coming week n [...]

Current view by Nooresh on Sensex n Nifty

In Technical Analysis

Its been a long time since i have written my views either on bse nse community on orkut or on my blog.Well i was off to pollachi , coimbatore for hexaware training for a month and just returned a week back. So basically hav been isolated frm the ticker or [...]

sensex bounce from 8800 -8950 range

In Technical Analysis

The chart shows the support of 8820 and 8950 depends on which low we take and if someone is an elliot wave he mit take the one which matches his wave count but these are the two possible levels so taken the range.one can use simple maths calculation 28/09/2001 low== [...]

Bse Sensex Support and max 9600

In Technical Analysis

See this is wat happens in bearish scenarios people wid hardly any knowledge come up wid some crap predictions and reasons.I may not be an old hand but simply put wat i have learnt is markets are always correct u may be wrong so the correction is correct and was [...]

17 th may fall all over the world not only india

In Technical Analysis

hey if u check this chart the fall on 17 th may nearly kissed the 61.8 % correction level and bouced back and similar has been the case for all major falls since 1979 on the sensex. also if u check that all markets around the world were down badly [...]

bombay rayon fashions

In Technical Analysis

i had kept repeating about bombay rayon my recommnedation above 146 onlyonce crossover 20 % circuit and then a high of 186 +=cool 40 rs arnd 25 % or more in 5 days