Technical Analysis of Indian Equities by Nooresh

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Divis Labs , Indian Hotels – Flag Breakout trades

In Flag

  Divis Labs – This is a quick trade advised at 1400 yesterday with a target of 1450 and higher. The stock has been a strong uptrend and a fresh flag breakout makes it a nice quick trade.       This was a trade advised yesterday at 63. Although [...]

Sun Pharma – Flag Breakout.

In Flag

  -> Sun Pharma has been declining in a bullish flag and a breakout can happen above 588 which has been crossed today. -> A quick target would be placed at 620.   This stock has been recommended at 575-580 in our report   Technical Trades January 2014   Quite [...]

CESC – Flag Breakout. Can target 385/420

In Flag

  Short Term flag breakout and a little longer term trendline breakout seen. Decent volumes also picking up expect a move to 385/420 in the short term. Buying area 355-360 sl 345.   Disclosure: Advised long at 355 to clients.   Thanks and Regards, Nooresh Merani www.analyseindia.com Twitter – https://twitter.com/nooreshtech [...]