Technical Analysis of Indian Equities by Nooresh

Ion Exchange – Follow up on Small Cap Coverage

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 - 

For the previous post read - 


The stock is about to give a strong breakout on weekly charts. Sustained closing above 180 should propel the stock to 230-310 in the medium to long term.


Disclosure: Fresh recommendation sent to clients at 165-169 and half booked at 185 levels. Will re-enter sold qty on any dips.





All these stocks with long term potential are covered under our DELIVERY GAINS SCHEME. ( An ideal scheme for investors with medium term outlook and looking for steady portfolio growth)


Check the performance report here on the same - 




Article by Nooresh Merani

Nooresh has written 2801 articles.

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{ 4 comments… add one }
  • anshuman July 17, 2010, 18:55

    sir, is there a head & shoulder in rcom ?

    • nooresh July 19, 2010, 13:51

      not trackin HNS closelyt

  • harsh July 19, 2010, 14:32

    sir pls guide on gtl infra its not moving and u r bearish on mkts . what should be done here ?

  • Himanshu Gupta July 19, 2010, 21:54

    Hello nooresh ,

    Give your views on RIDDHI SIDDHI GLUCO BIOLS LTD (524480) ….i want to invest in this stock for 1 year…..Give me gud entry levels & SL also in case of huge correction in mkts….

    Thanks & regards


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