Technical Analysis of Indian Equities by Nooresh

Small Cap Coverage – Andrew Yule Company

Andrew Yule – Cmp 39-40


Buy at 38-39 with medium term to long term view.


Detailed view will be posted in the weekend.


Disclosure: Recommended to clients at 35-37 levels.

Article by Nooresh Merani

Nooresh has written 2799 articles.

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{ 15 comments… add one }
  • Himanshu Gupta August 5, 2010, 13:04

    Tide water 8430 ….Andrew has huge stake in tide water….if tide water hits 10,000 & andrew sells its stake in Tide water…U’ll see andrew @ 60-65 for sure in days to come


    • nooresh August 5, 2010, 21:54

      Hi Himanshu,
      Well its not huge stake its the promoter stake of 26% which is worth 160-180 crores at cmp.
      But i dont have enough time to put the exact words 🙂 but the point is we are buying from 35-37 when even Tide Water was 6000 🙂


  • Sanjay August 5, 2010, 16:15

    Hi Nooresh,

    i bought the share @ 44. what is the target and time frame for it??


    • nooresh August 5, 2010, 21:52

      Hi Sanjay,
      You have bought it a little late but add if dips to 39. Target would be 50-60 in medium term

  • GAURAV August 5, 2010, 16:33

    nooresh bhai, i am highly thankful to you for giving us such valuable advices and making us make few money from the stock markets.bahi,kindly advice me on investing in CAN FIN HOMES (BSE CODE:-511196) & CAMLIN FINE CHEMICALS (BSE CODE:-532834)

    • nooresh August 5, 2010, 21:48

      Hi Gaurav,
      Can fin Homes looks very interesting on fundamental but it has not fetched high valuations. So buy on dips.
      Camlin Fine Chemicals is a good buy with long term view.

  • ashok mahajan August 5, 2010, 17:30

    good call
    thanks for your call

  • ravi August 5, 2010, 22:11

    Hello Nooresh,

    When are you planning your training session in Hyderabad. I am eagerly waiting to hear.

  • Vivek August 5, 2010, 23:23

    Any idea about Tanla solutions? Why falling ?

  • vivek August 6, 2010, 00:15

    Hi Nooresh ,
    Today I bought 2000 shares of Sujana Tower @Rs.57 . Please give me short term targets for it technically. Some news is cooking.

  • akash August 7, 2010, 13:07

    hello sir
    I bought cosmo at 131.plz give me one months target.

    • akash August 9, 2010, 15:43

      sir plz reply my query

  • xyz August 9, 2010, 11:09

    No follow up on ur long term bets … Atul , sparc , rishi laser , petronet , electrocast , deltacorp and many more … All of them did the short term tgts … But wht their long term charts … Will u be covering them again.

    • nooresh August 9, 2010, 12:42

      Mr xyz again … Disclose ur identity.

      Sparc and Atul had mentioned about shifting.
      Rest Petronet is going towards 120. Delta COrp is a 1 yr pick so will review.
      Will not be covering them though as have advised booking to clients


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