Technical Analysis of Indian Equities by Nooresh

Reliance Inds ….. 995/960 Important Support



Reliance Inds nearing strong supports.

Close below 960 could see a major drop.

Article by Nooresh Merani

Nooresh has written 2799 articles.

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{ 8 comments… add one }
  • harun July 30, 2010, 12:08

    Sir time techno stoploss and tgt for short term ? should it move like gati in short term?

    • nooresh July 30, 2010, 14:44


      Its mentioned in the chart

  • harun July 30, 2010, 12:10

    Sir just as it has been mentioned at many places that never put all ur eggs in one basket. if one is having an amount of suppose 5 lakh or 10 lakh. how should he disburse that in cash and fno positions. pls specify some money management strategy with proper risk control on an amount of 5 lakh as example.

    • nooresh July 30, 2010, 14:44

      Well the cash management generally depends on the investor. I dont prefer much of Futures but Option strategies. Not taking more then 20% of portfolio in one stock is the norm we follow


  • ANJALI July 30, 2010, 16:38

    With a 6 -12 month view I would like to invest in RIL (Plan to buy 250 shares), let me know ur view, can u sugest some other stocks better than RIL


    • nooresh August 3, 2010, 01:46

      Hi Anjali,
      Keep a stoploss of 950 and buy

  • rajesh July 30, 2010, 19:06

    hi sir can u posted delivery gains by the month of last 3months


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