Technical Analysis of Indian Equities by Nooresh

Technical Charts – JSW Steel and Reliance Inds.




JSW Steel reversing from previous tops. Seems can test 750-800. Risky pick as a volatile stock.





Reliance Inds…


Every time the stock goes to 900-930 zone it faces a lot of resistance. Downside 800-830 has been a band of support.

Can expect pullback from 830-810 where one can look to buy.



Book Recommendation.


This is a book i read a couple of years back and found it to be an interesting read.



Thanks and Regards,

Nooresh Merani

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{ 1 comment… add one }
  • Dharmdip Rathod November 13, 2013, 12:15

    Found it really helpful. Have subscribed to your posts.


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