Tuesday 2 April 2013

Technical view by Nooresh

Technical view by Nooresh


Cipla – Technical Breakout above 395

Posted: 02 Apr 2013 12:23 AM PDT

Have not been posting many trade ideas on the website of late because of the volatile and downtrend in midcaps.

Nifty has given a positive divergence as expected and may now be forming a base for next 1-2 months before a new move starts.

Midcaps/Smallcaps look very interesting and one must buy quality stocks at current levels.

 

One of the short term trades we are looking at is Cipla and positioning for a breakout above 395 and a quick move to 415-425. Although will keep booking profits on rise.

 

Cipla thumb Cipla – Technical Breakout above 395

 

 

ONLINE TECHNICAL ANALYSIS TRAINING APRIL 6-7

 

To all those who cannot make it to our training programs in mumbai and other cities can enroll for this online session which we do once in a few months with limited seats.

For more details call Ankit 09899899989 Nooresh 09819225396  or mail toanalyseindia@analyseindia.com

Related posts:

  1. Mahindra and Mahindra – Breakout above 910-915 can see a quick jump
  2. CIPLA Breakout…. Aditya Birla Nuvo – Good bet for Investment
  3. Technical Analysis Training Session – Mumbai , Bangalore , Delhi and other cities.

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