Technical Analysis of Indian Equities by Nooresh


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Podcast/Interview with MoneyControl on my Trading/Investing Journey

In Sunday Thoughts

Recently got profiled by Shishir Asthana of Moneycontrol on my strategy of Trading/Investing. The interview links. Its in 3 parts.   2)   Key learning from 2008 crisis was to cut down on my leverage: Nooresh Merani “2007 was a breeze and that is when I made my capital. Apart from [...]

Sector in Focus–Hotels–Sinclairs Hotels, Indian Hotels,EIH Limited, EIH Associated Hotels, Kamat Hotels, Advani Hotels, Royal Orchid Hotels

In Technical Analysis

Hotels as a sector has started looking interesting with demand supply scenario improving. After almost a decade of lower ARRs and Occupancy ratios there seems to be a small uptick. Valuations do not seem to be stretched. The recent price movement also indicates strength. The only concern is the limited [...]

Nifty back to Breakout Re-Test. 15 Interesting Large Cap Charts

In Technical Analysis

Nifty Technical View Cluster of supports at 10140-10200. Last two tops around 10140/10180. Couple of candle stick lows at 10120. The short term trend changes to down only on breaking the trendline support at 9900. Last major bottom at 10500. Asian Paints - 1120-1150 important supports Axis Bank - Sustaining [...]

Interesting Tweets–November 2017

In Technical Analysis

Innovative Tech Pack - commendable growth and execution; AR exhibits scanty explanations for major corporate transactions and many errors.— Leading Nowhere (@leading_nowhere) October 21, 2017 Can the most hated sector surprise in short term ? Only one #PSUBank left in #Nifty50 — Nooresh Merani (@nooreshtech) October 24, 2017 [...]

Technical Charts–Ambuja Cements, Ceat Limited , HDFC Limited, Larsen and Toubro & LT Foods

In Technical Analysis

Ambuja Cements – 280-290 a stiff resistance in last 2 years. Ceat Limited - A short term breakout with good bottoms at 1630-1650. 1950 remains a major resistance. HDFC Limited -Short Term Range Breakout on Cards ? L&T --- Can it breakout above the big resistance at 1250-1260? LT Foods [...]

Online Technical Analysis Course on 19th November 2017

In Technical Analysis

  Online Technical Analysis Training Session. Part 1 : Online Technical Analysis Training. Trainer : N S Fidai 6-8 hours. The session will be conducted on 19th November from 9.30 am to 4.30 pm. would be the webinar provider. Course Content Section 1 What is Technical Analysis? Do investors [...]

Nifty Calculator October 2017 & Industry Weightages 2008-2017

In Technical Analysis

Nifty Kya Lagta hai ? Every technical analyst/fundmental analyst/ strategist and even the paanwala talks about Nifty/Sensex has an answer to the question – Nifty kya lagta hai ? 9 out of 10 people will give you an answer. But if you ask them tell us top 5-10 stocks which [...]

Stocks on Radar–HDIL, Sundaram Finance ,Orient Cements, Nestle India, Mangalam Cements, Harita Seatings, DLF Limited

In Technical Analysis

  HDIL - At make or break support levels. If holds 55 and crosses 65 could be a contra risky bet. Sundaram Finance - At 2 year resistance zone. ORIENT CEMENT --- Good basing out at 150-155. Can it sustain above 170-175 ? Nestle India - Close to a 2 [...]

Nifty/Sensex in Dollar Terms now 5% from the 2008 highs.

In Sunday Thoughts

I keep looking at NSE Indices a lot more than BSE indices and since Defty ( Nifty in dollar terms) is no more updated live by NSE and more so end of day. There was a time when Nifty Defty had a derivative contract too. But both the indices Dollex [...]

Stocks on Radar–GSFC , Nagarjuna Fertilizers, Bajaj Finserve , Bajaj Finance

In Technical Analysis

GSFC – Out of the 115-150 range. Can it show leadership. Disclosure – Author owns shares and also recommended in various advisory schemes at much lower levels. Nagarjuna Fertilizers – A smallcap fertilizer about to get out of a small range and recent highs at 18. Good volumes. Disclosure – [...]