Friday 2 August 2013

Technical view by Nooresh

Technical view by Nooresh

We are in a Bear Market with a Bullish Sensex/Nifty

Posted: 02 Aug 2013 02:24 AM PDT

In a very recent report had mentioned how Indian Equity Markets were at an inflection point and we could see some big moves.   Sensex/Nifty was expected to bounce back and Nifty to target 6200-6300 levels. After making a low at 5580 the Nifty did move up to 6080-6090 levels ( This was a good [...]
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  2. SURPRISED !!! This is what the market does.
  3. Market has touched 16000 levels ?

FMCG – A safe sector to bet on – Not at All

Posted: 02 Aug 2013 01:01 AM PDT

Over the last few months i have heard a lot of fundamental analyst saying people were stupid buying the Cyclical stocks.   They just keep giving examples of how one should buy good cash flow companies in the FMCG sector. Also there are many examples of how ITC, Hindustan Unilever, Godrej Consumer, Colgate and Dabur [...]
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  1. FMCG Defensive picks possible technical breakouts/Reliance Inds 1000-980 and Sensex 17300-17400 or 17000
  2. The 80-95 % correction from PEAK !!
  3. Nifty and Sensex – Stop Guessing the Bottom !!

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