Wednesday 12 June 2013

Technical view by Nooresh

Technical view by Nooresh

Indian Equity Markets – Its Now or Never

Posted: 12 Jun 2013 12:09 AM PDT

Over the last 2-3 weeks the sentiments have gone from bad to worse and suddenly all the data points to have come out badly. And as before one needs to buy the dip and be patient.

At 5500-600 in first week of April 2013 we came out with the following report calling for a move back to 6000 + ( Nifty did 6239 post this report )

Check the blog post here – http://www.nooreshtech.co.in/2013/04/be-fearful-when-others-are-greedy-and-greedy-when-others-are-fearful-niftysensex-technical-view.html

At 5200-5300 in mid August 2012 we came out with a detailed report mentioning a big move to 5800-6200 is on cards with a breakout to happen in September-October. ( Nifty moved up to 6100 on expected lines )

Check the post here – http://www.nooreshtech.co.in/2012/08/analyse-india-forget-the-past.html

Now at 5750-5850 levels we believe we are yet again at a very interesting opportunity for investors/traders. Its Now or Never !

We believe USD – INR at 59-60 and Nifty at 5700-5800 is a very excellent reversal time and at a very good risk-reward.

Would be expecting big fireworks by year end.

Its Now or Never for Indian equity markets to perform.

Please find attached the detailed report. We will be sending stock top picks to our clients by tomorrow. To join our services – www.analyseindia.com

Indian Equity Markets – Its Now or Never Indian Equity Markets – Its Now or Never

Also one can check this on slideshare below

Nooresh Merani

www.analyseindia.com ( For all our services )

Twitter – https://twitter.com/nooreshtech

Facebook – https://www.facebook.com/nooreshtech

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