Technical Analysis of Indian Equities by Nooresh

HDFC Limited – Medium to Long term Pick




  1. The stock was in the range of 630-730 broadly for the last 2 years.
  2. After the recent breakout the stock did manage to touch 790 + levels and is now back to testing the support.
  3. One may accumulate the stock in the current dip or buy in two parts at 745/720 with a stoploss of 695 and upside target of 800-850.

Analyse India is conducting a TECHNICAL ANALYSIS TRAINING SESSION at MUMBAI on OCTOBER 13-14 and an Online Training Program on October 20-21 .

Mumbai Session Details.

Venue : B- 11 Manga Orchid , Yari Road, Andheri ( West ), Mumbai

Fees : Rs 9800 + Service Tax.

Timings – 10 a.m to 5.30 p.m

Batch Size - 6-10 participants.

This will be the last session where fees would be 9800 + service tax. The fees will be revised from the next session so book your seat at the earliest.

Article by Nooresh Merani

Nooresh has written 2807 articles.

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{ 1 comment… add one }
  • vishal October 10, 2012, 18:33

    sir any idea about fsl i have 7000@ 11.25.. my view is for short to medium term.


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