Technical Analysis of Indian Equities by Nooresh

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United Phosphorous – Triangle Breakout can target 160-165

By In Stock Technical View Last Updated On: 3/10/ 2013
uni phos

 

-> This is a day older chart and todays move to 150 has confirmed the breakout.

-> Expect a move to 160-165 in short term. Stoploss now to be taken to 139.

 

Disclosure: Advised to clients at 142/148 in last two days.

 

TECHNICAL ANALYSIS TRAINING SESSIONS

Planning for a training program in Chennai on October 26-27.

People interested can mail to analyseindia@analyseindia.com

Mumbai session planned for October 2nd weekend.

Also we will soon be coming out with a online training program which will be through 2 weeks and in small 2-3 hour sessions. For now the material is being prepared and other execution issues being solved.

Regards,

Nooresh

Article by Nooresh Merani

Nooresh has written 2800 articles.

You can follow Nooresh Tech on Facebook and Twitter here.


{ 3 comments… add one }
  • A C Roy October 5, 2013, 20:01

    Your advice on 3 stocks:
    Chambal Fert: Rounding bottom, wedge break out?
    Oberoi Realty: Flirting w 50 DMA for quite some time. can it break and go to 215 / 235?
    Sesa Goa: Approaching 200 DMA with a flag pattern. Can it accumulated for 256?

    Reply
    • Nooresh October 6, 2013, 23:00

      sESA goa will need follow up with volumes. Not tracking the other two

      Reply
  • maheshjaisingaani October 5, 2013, 22:05

    hi,
    please send information of yes bank.

    Reply

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Nooresh Merani - An IT engineer by qualification and Advisor/Trainer by profession.
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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.

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