Technical Analysis of Indian Equities by Nooresh

Strong Performance by Midcaps/SmallCaps

In the end of June i had posted this detailed article on how Smallcaps/Midcaps had been hugely underperforming and one should start focus on stock specific ideas which should give steady returns


Ever since then we have been focusing on smallcaps/midcaps with a view of getting smart returns. Many of the recommendations cannot be discussed on the website as they are sent to our paid clients.But quite a lot of stocks were recommended in our daily posts which have given moves of 15-25% a short span of time.


Some of the stocks which were recommended to our Delivery Gains clients -

Godrej Inds at 200-205  ------------- Moved upto 236

VST inds – 950 ------------------ Went beyond our target of 1200 did 1300

NESCO --- 560-580 ----------- Moved up beyond our target did 700 +

ITC Limited 185 --------- Did 200

Carborundum Universal ----------- 265 to 305

BOC India – 270-290 ----------- Still holding on for gains

First Leasing Company of India ------------ 80 to 100

Kirloskar Brothers ------------- 135-140 to 180

Cera Sanitary ------------223 to 245 and still holding


Many other short term stocks were recommended in our QuickGains schemes like Atul, Cera Sanitaryware, Colgate Inds, Pidilite, APL Apollo Tubes, Godfrey Philips, Biocon, Godrej Inds.


Quite a few of them were discussed on the website.


Look into the following posts

Godrej Inds, VST Inds, Pidilite Inds, Colgate --------- Recommended as strong Technical Picks.


Some more of the posts

Very recently had recommended ATUL at 190 levels and again at 205 did 239 yesterday.


But of late we have been seeing many of our free recommendations posted on the website are being copied but various other advisory services. This is making difficult for us to share the information to our readers. Need to workout a solution for this.


For now we have been recommending KPIT CUMMINS at 175/182 levels to our clients with a target price of 205/220 in short to medium term.



Article by Nooresh Merani

Nooresh has written 2799 articles.

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{ 2 comments… add one }
  • Saurabh July 21, 2011, 08:43

    Hi Nooresh,

    What’s your call on GulfoilCorp now, I am holding since 95 levels but the markets seem to be skittish holding backa bigger move in this stock. What can be the trailing stop ?


    • nooresh July 21, 2011, 09:04


      The stock seems good for short term. Stoploss of 88 closing


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