Technical Analysis of Indian Equities by Nooresh


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Strong Trends–Welspun Corp, Tata Global, Sudarshan Chemicals, BEML, Petronet Lng

In Technical Analysis

Some of the strong breakouts which could give a good 10-50% move over the medium term. Lot of these stocks have tested the resistance quite a few times. In such cases the breakout moves can be large and the risk-reward very attractive. Disclosure – Please do your own research. We [...]

Sectoral Charts – Tyre Companies – Apollo Tyres, Balkrishna Industries, Ceat, MRF

In Technical Analysis

Some charts made by team mate – Harsh Doshi Stocks Covered – Apollo Tyres, Balkrishna Industries, Ceat, MRF Apollo Tyres Balkrishna Imdustries Ceat MRF For more about our advisory services Customized Advisory Services– Derivatives – DISCLOSURE Nooresh Merani Securities covered above: All mentioned in the above post SEBI [...]

Large Caps on Radar– Asian Paints, Bajaj Finance, HCL Tech, Infosys

In Technical Analysis

A few quick charts on radar in the Nifty which are placed interestingly. Infosys – Cluster of supports at 610-650. Stops at 600 and back to 700-750. HCL Tech – A blow out move if stays above 1110 or below 1040. Bajaj Finance – How long will this divergence last [...]

Technical Charts–Consolidations–Camlin Fine, Cosmo Films, Sudarshan Chemicals and Thangamayil Jewellery

In Technical Analysis

In our last post we mentioned as to how India was now diverging with global indices and time to lookout for reversal signals.It just took 3 sessions post the announcement. Now that Index has done well its time to keep looking out for stock specific trends. In todays post we [...]

Nifty at 10700–Divergence – Global Indices Up India Down !!

In Technical Analysis

We started with Smallcap Index diverging with the Nifty and that has lasted for much longer then expected. Then Nifty started diverging with the bottom 40 stocks of the Nifty Now Nifty has started diverging with the Global Indices !! Most Global Indices made a short term bottom in August [...]

Unichem Labs–A breakout & Finolex Industries near a breakout

In Technical Analysis

Couple of interesting charts Unichem Labs An interesting company with cash being 60-70% of the market cap. A good video on the same –  Technically the stock has broken out. Disclosure – Recommended to clients. Finolex Industries Quite a few attempts on 540 resistance. Similarly 4-5 bottoms around 490-500. [...]

Nifty Next 50–Same Bottoms for a Year.

In Technical Analysis

Nifty Next50 has made an interesting formation for the last year. Almost bottoming out around the same base for 4 times in the last 1 year. Nifty Next50 Technical Chart Same bottoms for last 1 year. Knocking at the last 2 months high. This is still down 17% from the [...]

Interesting Charts–Rallis India , GMR Infra and Eicher Motors/Motherson Sumi

In Technical Analysis

The Midcaps/Smallcap Indices have crossed near term resistance and now knocking the resistance at the previous bottoms. Time to look for stock specific action. Dislcosure – Do your own research. Some of the stocks below would have been recommended to clients and we have vested interests.   Rallis India – [...]

Green Ticks–BSE Smallcap Index and Nifty Small100

In Technical Analysis

A quick chart take on BSE Smallcap and Nifty Small100 Nifty Small100 last few weeks high at 5550.Last bottoms at 5650-5700. Bse Smallcap 12750 and 13000. A largecap on radar.

Technical Charts on Radar– LIC Housing Finance, Maruti, SBI, Tata Chemicals, United Breweries

In Technical Analysis

Some charts made by team mate – Harsh Doshi Stocks Covered : LIC Housing Finance, Maruti, SBI, Tata Chemicals, United Breweries LIC Housing Maruti SBI Tata Chemicals United Breweries Ltd     DISCLOSURE Nooresh Merani Securities covered above:  All mentioned in the above post SEBI Registration disclosure – Investment Adviser [...]