Last week had mentioned about an impending breakdown in Financial Technologies – Post  towards 600 quickly.   This the chart now which still looks weak and can go further down but a move from 690-700 to 600 is a big trade in 4-5 sessions. The stock can even end up [...]

    A nice breakout with volumes today on the stock. Had been on the watchlist for last few days. Initiated a long today and any dips to 102-103 and entry with a stoploss of 99 and a minimum target price of 110 and review on crossing it may even [...]

-> Had posted about ZEE a few days back as a trade above 140-141 for a target price of 160 and stoploss of 133 – Link here. -> After the first move stock may re-test the breakout levels which becomes a fresh entry point with upside target of 160. Traders [...]

  Nifty Technical View: The current pattern does look like an inverted head and shoulders for Nifty but generally the probability of targets being met in such short duration patterns of Head and Shoulders is comparatively lower but the current structure of holding 4900 and a gap at 5320 suggests [...]

Continuing with its anti-inflationary stance, the Reserve Bank of India (RBI) has raised the benchmark interest rates by quarter of a percent point on Friday, while keeping CRR rates unchanged. The decision comes as the authorities struggle tocontrol near double-digit inflation, which isuncomfortably high for more than two years.  The [...]

In the last few weeks had posted many technical charts and we saw good directional moves giving a spurt of 5-10% in quick time.   Chambal Fertilizers – 108 to 116   GMDC – from 170 to 190 +   GSFC – 395 to 430   Idea 98 to 103 [...]

  Nifty has yet again taken support on the sloping trendline on the downside shown with circles. Generally it has seen good amount of pullbacks after a test of this line. We may not expect the pullback to target 5050-5100 levels and a maximum upside in extreme scenario to 5180-5230. [...]

In the end of June i had posted this detailed article on how Smallcaps/Midcaps had been hugely underperforming and one should start focus on stock specific ideas which should give steady returns https://www.nooreshtech.co.in/2011/06/bse-small-cap-bse-mid-cap-and-sensex-huge-underperformance.html   Ever since then we have been focusing on smallcaps/midcaps with a view of getting smart returns. [...]

In all my posts for the last couple of weeks have been consistently mentioning about Godrej Inds being a favorite for short term as well as long term. Alongwith it a disclosure the stock has been strongly recommended to our clients at 195-197 and 202-204 with a target price of [...]