Technical Analysis of Indian Equities by Nooresh

Century Textiles – A bounce back trade.



Century Textiles --- Showing signs of bottoming out.


A move above 285 will take it to momentum.


Expect a quick move to 300-320.


Dislcosure: Have advised longs at 276-280.

Article by Nooresh Merani

Nooresh has written 2808 articles.

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{ 4 comments… add one }
  • knischi May 29, 2012, 22:07

    Stock markets are a losing proposition for retail guys for the next three years. Better to keep away and watch as a spectator.

  • RAJU JAIN May 30, 2012, 18:55

    you have stoppped sending master blaster calls – saying that markets are to volatile to trade? Why one goes for the services of analyst – if analyst himself cannot give a call when markets are volatile . your performance of master blaster calls is also very poor.

    • Nooresh May 31, 2012, 11:48

      Hi Raju,

      We have temporarily reduced trading recommendations as there are only 100 stocks one can short and that too are not falling big way.

      Markets have been volatile but in a very tight range so there are no big trades. We have not been on the mark for last couple of months as there are very few opportunities in the market now.

      But we will be back with recommendations when there are better opportunities.

  • jitumoni hazarika May 31, 2012, 12:16

    nooresh ji

    Can i contact you directly for intraday call..if yes then please give me your phone number


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