Technical Analysis of Indian Equities by Nooresh

Bombay Burmah Trading Corporation— 20% Circuit !! – Hope people enjoyed



Very recently had posted about Bombay Burmah Trading Corporation on the website. You can clearly see how volumes were being picked up with a strong breakout possibility. This is the importance of combining technical analysis with fundamental analysis. We had similarly covered this stock a year or plus back -

Also had made clear disclosures that it had been strongly advised to clients. We have almost 8% of the exposure in our model portfolio to the stock. ( We dont go beyond 10% generally on one stock) – Check the update here – Old Bombay Burmah recommendation


Meanwhile there are a lot of rumours on the stock about Tea plantation sale/Dividend or Share Swap with Britannia etc. The only thing according to me which is possible is some slump sales. The view remains one will need to keep patience.


The stock has jumped 20% in no time 🙂

Hope people made some good money on it.


If not then all i can suggest is to go for our exclusive advisory services on  . This stock was covered in our Master Blaster/QuickGains and Platinum Clients.


For any queries on our advisory services can speak to Asif on 09833666151 and Kazim 09821237002.


If you would like to join our Technical Analysis programs in Ahmedabad/Delhi/Mumbai and other cities get in touch with Kazim 09821237002 to become independent 🙂 Any queries one can sms me on 09819225396 ( will get back post mkt hours if possible)


Happy Investing.


Nooresh Merani

Article by Nooresh Merani

Nooresh has written 2799 articles.

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{ 11 comments… add one }
  • Manoj February 29, 2012, 23:28

    Sir plz Post Ur Precious View on Gold And Silver On Positional bases !!

    Ur Student
    Manoj Kumar

  • viresh March 1, 2012, 08:54

    thank you very reply that we hold bombay burmah or cell it because i purchase small quantity.

    • nooresh March 1, 2012, 10:51

      Hi Viresh,

      U can book 20-25% of ur qty and keep rest for long term.

  • DEEPAK GAJRA March 1, 2012, 09:52

    Dear Nooresh &team,
    sir y r legend in your field…………..every recommendation is really very good,i track all reco.very closely…….u r great comb.of fundamental & technical also. u r real master




    • nooresh March 1, 2012, 10:50

      Hi Deepak,

      Thanks for ur comments. We just try to give honest analysis 🙂

  • Libin March 1, 2012, 10:25

    Indeed an awesome call.. Thank you !! 🙂

    • nooresh March 1, 2012, 10:50

      Hi Libin,

      Good to know you participated 🙂 in the stock

  • Mihir March 2, 2012, 09:31

    Good one Nooresh!!

  • Kaushal March 4, 2012, 23:08

    Hi Sir,

    What is your take on HDIL and Hindalco?

    • nooresh March 5, 2012, 00:07

      No view on HDIL.

      Hindalco 130 is a good base.

      • Kaushal March 5, 2012, 21:42

        Thanks Sir!


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