Technical view by Nooresh on Sensex/Stocks/Commodities |
| NHPC – Channel Breakout. Target 24 + short term. Posted: 10 Apr 2014 10:44 PM PDT
Disclosure – The stock has been recommended to clients at 20-20.2. Looking at a target price of 22-24 in the short term.
Technically the stock has broken out of a sidewyas cahnnel of 2-4 points. This gives us a target projection of 22-24.
If you are interested in learning and becoming more confident and independent in your trades do join either of the two courses. ONLINE CRASH COURSE ON TECHNICAL ANALYSIS – SUNDAY 13TH APRIL 2014This is a 6-7 hour program to be conducted this Sunday at a cost of Rs 2999 only. I personally recommend this to every trader/investor who would like to learn and add this to your skills.Also those who cannot attend the session can subscribe for it and get the full recording. TECHNICAL ANALYSIS TRAINING MUMBAI – April 19-20 This is the only training program which we have been doing for the last 7-8 years now across various cities. A 2 day program which covers technical analysis in a practical way for a small batch of participants ( 5-10 ) More details on this link – http://www.nooreshtech.co.in/technical-analysis-training Thanks and Regards, Nooresh Merani Twitter – https://twitter.com/nooreshtech Facebook – https://www.facebook.com/nooreshtech NHPC – Channel Breakout. Target 24 + short term. is a post from: Technical view by Nooresh |
| Investment Pick Atul Limited – Big Cup and Handle Breakout on cards. Posted: 10 Apr 2014 09:30 PM PDT Atul Limited – A strong fundamental company about to breakout.
-> A consistent performer fundamentally with profit growth of 50% over 10 years and ROE/ROC in high 20s. -> The stock has seen a consolidation for last 12-15 months making a huge cup and handle pattern. -> We can expect a breakout above 480 in coming months. ->Current consolidation in the range of 410-440 is a good time to accumulate the stock and add more positions on a breakout above 480. -> A medium to long term target of 550-600 ++. Stoploss 390.
This stock was covered in our report Technical Trades – April 2014.
The stock has moved up from 440 to 470 but the momentum breakout can be seen above 480. The cup and handle target price would project a much higher target but we can look towards 550-600.
Investors can look to accumulate the stock with a medium term view at 440-470.
If you are interested in learning and becoming more confident and independent in your trades do join either of the two courses. Online Crash Course on Technical Analysis – Sunday 13th April 2014This is a 6-7 hour program to be conducted this Sunday at a cost of Rs 2999 only. I personally recommend this to every trader/investor who would like to learn and add this to your skills.Also those who cannot attend the session can subscribe for it and get the full recording.
TECHNICAL ANALYSIS TRAINING MUMBAI – April 19-20 This is the only training program which we have been doing for the last 7-8 years now across various cities. A 2 day program which covers technical analysis in a practical way for a small batch of participants ( 5-10 ) More details on this link – http://www.nooreshtech.co.in/technical-analysis-training
Thanks and Regards, Nooresh Merani Twitter – https://twitter.com/nooreshtech Facebook – https://www.facebook.com/nooreshtech Investment Pick Atul Limited – Big Cup and Handle Breakout on cards. is a post from: Technical view by Nooresh |
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