.: Technical view by Nooresh on Sensex/Stocks/Commodities

Wednesday 12 March 2014

Posted: 11 Mar 2014 11:41 PM PDT

TRF technical View

-> This is a stock we have been tracking for a past few months as a turnaround case technically.

-> After a couple of whipsaws the stock finally seems to have broken out above the 145-148 important resistance.

-> A longer term target could be way higher but short term can expect 165-175 and 200.

-> Good volumes for last many months shows strong accumulation.

-> Stoploss would be a little deep at 135 but accumulate at 145-153.

Disclosure: Recommended long to clients at 145-147 today.

Meanwhile godrej properties recommended at 155-165 has moved up to 185 can book partial profits.

TECHNICAL ANALYSIS TRAINING SESSION MUMBAI on MARCH 29-30

For more details mail to analyseindia@analyseindia.com or 09819225396

Thanks and Regards,

Nooresh Merani

www.analyseindia.com

Cell – 09819225396

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