Technical Analysis of Indian Equities by Nooresh

Midcaps/Small caps Bull Run … Hope people making money !!

Ever since November i have consistently been mentioning that its time to research Midcaps /Small caps as thats where the next big moves are going to be.

By Gods grace many stocks like Mahindra Ugine,Rishi Laser, Prakash Inds, Accentia Tech ,Surya Pharma and the list goes on have been advised on the blog or to personal clients which have given 25-50% returns.
Hope people have taken full advantage of it and made some Moolah !!!
WHAT NEXT !!!!! Read Ahead 🙂

Lot many people might feel this is the signs of the end of the Major Rally we had from 8k to 17k as many small caps have started roaring. Technically we still have not seen any euphoric move in the small cap index so we are quite far from being scared.
Mid cap and Small cap Index have scope of another 5-15% move up in next 1-3 months. The broader market will continue to outperform but that does not mean we lose discipline and buy JUNK !!! Continue to stick towards quality. ( we have quite a lot of good research posted here )
Bottom Line : Continue to focus on Quality Midcaps/Small caps !!!
Although we are on the midcap/small cap train since November. Its still not late to jump in.
To get early join us -

Article by Nooresh Merani

Nooresh has written 2808 articles.

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{ 5 comments… add one }
  • Pritesh December 29, 2009, 18:24

    I bought 500 shares of INCAP (517371)
    If you are tracking this please share your views.

  • Nooresh Merani December 30, 2009, 03:59

    Hi Pritesh ,

    Seems a small move up is possible on the stock but its too illiquid so exit on 10-20% pop

  • jitu December 30, 2009, 12:44

    I bought 100 shares of ADORFO (530431)
    If you are tracking this please share your views.

  • JITENDRA December 30, 2009, 12:57

    I bought 100 shares of ADORFON (530431)
    If you are tracking this please share your views

  • Nooresh Merani December 30, 2009, 15:50

    Its a good stock for slow appreciation !


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