Re-test of previous breakout area of 990-1010 should provide support.
Risky traders may accumulate with a stoploss of 970 or buy in any quick dips to 990-1000. One can expect a bounce back to 1100 again.
Regards,
Nooresh
ICICI Bank – A dip to 990-1000 can be a bounce back entry point
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{ 11 comments… add one }
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November 20, 2012, 12:05
Dear Nooresh,
Quick view on hinduja Ven. Godreh industries, Reliance, please suggest entry points/supports.
thanks
Bhanu-
November 22, 2012, 20:50
Hinduja Ventures can book part at 480-500 and re-enter around 400-420 if comes.
Reliance buy at cmp. Godrej Inds 270-260 seems a base so buy closer to it
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Dear Nooresh,
what is your view on Himatsingka Seide?
regards
bhanu-
positive
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November 20, 2012, 20:41
Dear Nooresh,
Whats your view on aban offshore & hexaware as the stock has fallen considerably, whats your buy target.
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No view on Aban.
Have been surprised about the fall in hexaware after making new highs. Had a trading position earlier which was booked in profits.
90-100 could be a base for now.
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November 24, 2012, 16:12
Dear Nooresh,
Is it a good time to enter in suzlon as the stock is in f&o ban will it jump by 1 -2 rs.And your view on apollo tyres seems to be a good stock since a dip from 100 to 80 its recorrecting will it go up?
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November 30, 2012, 12:08
1100 ……………tgt achived
Gooooooooooooooood
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Yes seems more to go ….
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November 30, 2012, 22:45
Nooresh sir..
Ur service and tips onto this blog rocks..
Ill b joining soon ur subscriptions 🙂-
Thanks for the kind words pasha
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About NooreshTech
Nooresh Merani - An IT engineer by qualification and Advisor/Trainer by profession.
Founder - Analyse India.
Also consults for an institutional broking firm.
I have been blogging for the last 8-10 years with detailed, crisp and accurate views on Indian Stock Markets as well as global indices and commodities.
IT Engineer by qualification
Blogger/Educator/SEBI Registered Investmnent Adviser.
Writing actively on this blog for 8-10 years now
Guest Analyst - CNBC, ET Now, Bloomberg etc.
Full Time - Trader/Investor/Trainer/Adviser
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