Sensex 17840/17400 will decide short term direction. Stock Specific Momentum to continue

Filed under Sensex Technical VIew by nooresh on July 21, 2010,0

Sensex Technical View:   The last few trading sessions have been in a very very narrow range. The lows of the last 7 sessions have been as followed. 17874 – 17855 – 17897 – 17858 – 17892 – 17856 – 17848.   It seems the index is moving on an Auto Pilot mode. Maximum height [...]

Mid Cap Banking stocks – Uco,Vijaya,DCB, Dhanalaxmi Bank etc Rocking

Filed under Stock Charts by nooresh on July 20, 2010,1

In the last few weeks we have seen all Midcap Banking Stocks having hit new highs for the year.All the above stocks have given a 25-40% move and the media is buzz with lot of scoops on the same. For the record last 2 months i had consistently mentioned my liking for mid cap banking [...]

Ion Exchange – Follow up on Small Cap Coverage

Filed under Small Cap Coverage by nooresh on July 17, 2010,18

The stock ION EXCHANGE was last covered in April 2010 at 140 levels. We continue to maintain that it is a potential multi-bagger in the long run and can give superlative returns. Recently added the view also – http://www.nooreshtech.co.in/2010/07/small-cap-coverage-excellent-performance-for-patient-investors.html  For the previous post read – http://www.nooreshtech.co.in/2010/04/small-cap-coverage-ion-exchange-water-story.html    The stock is about to give a strong [...]

Dow Jones down by 260 points – Global Indices and Gold Update

Filed under Global Indices by nooresh on

The last update on Global Indices was a few days back – Global Indices crucially poised Since then all the global indices gave a sharp bounce back and are now currently seeing resistance around the upper trendline. For Sensex it has been the upper end of the channel which is around 18000-18400 levels. Maintain my [...]

Sensex at 18k Again !! – Time to increase cash…Let markets decide !

Filed under Sensex Technical VIew by nooresh on July 14, 2010,23

  SENSEX TECHNICAL VIEW: In the last 1 year everytime market hits a new high or new low the market consensus changes to bullish or bearish and the end result is a big trap for traders. In simpler terms market has just fluctuated in a 2000-2500 points range with a little uptick on either side. [...]

After Real estate is it time for Metals to bounce…

Filed under Stock Charts by nooresh on

Sensex technical view: Just a quick one is am not well and neither is the system at home and laptop is difficult for this big hands The upside resistance comes around 18200-18500 roughly as per the channel. According to time analysis July 2-3rd week is a critical zone. So though we may see lots of [...]

Sensex 17900-18400 a zone to increase cash …Stay on Sidelines- Sunday Thoughts

Filed under Sunday Thoughts by nooresh on July 13, 2010,0

Sunday Thoughts: The street has finally turned bullish in the last few days with TV screaming about new high on the index for the year. Things look pretty good but why is it that a few weeks by it seemed preposterous to even think of 18k! Well this is how market works. Market consensus is [...]

Analyse India – Launch of Google Group

Filed under Research by nooresh on July 12, 2010,23

Dearest Friends, Analyse India is pleased to announce the launch of google group named, "Analyse India Students" The google group, "Analyse India Students" is a restricted group. It is open for membership only to those Students who have learnt Technical Analysis from Mr. N.S. Fidai. Creation of "Analyse India Students" Google Group is an important [...]

Time Analysis – Sensex can top out in next 2 weeks!

Filed under Sensex Technical VIew by nooresh on July 8, 2010,23

Yet again we are seeing a time cycle period approaching.But before that lets look into what was suggested previously. Earlier according to the Time Analysis – Check Chart The index bottomed around the time period exactly. Later had posted a view about the possibility of Sensex crossing 18k in July 2nd week which is possible [...]

Sensex – Flag or Consolidation ?

Filed under Sensex Technical VIew by nooresh on July 7, 2010,1

Well of late the blog postings have been a bit irregular ( although client advisory is going on time) as busy with new office and other personal commitments. So would be posting 3 times a week to the regular every day article. Also i would like to invite each and every reader and others to [...]