Wednesday 16 April 2014

Technical view by Nooresh on Sensex/Stocks/Commodities

Technical view by Nooresh on Sensex/Stocks/Commodities


M&M Financial Services, Just Dial and L&T Finance Holdings fall 20-30% post inclusion in Derivatives

Posted: 16 Apr 2014 08:42 AM PDT

Some weeks back had mentioned how L&T Finance Holdings inclusion in Derivatives a bit fishy.

 

The three stocks M&M Financial Services, Just Dial and L&T Finance Holdings have dropped 20-30% post inclusion in derivatives.

Did F&O entry provide an exit to smart guys or were they hammered ? Given the rich valuations it seems this was a good way for exit. As of now L&T Finance is under further positions ban i suppose. Another stock Apollo Hospital has gone nowhere post inclusion.

 

MMFinance thumb M&M Financial Services, Just Dial and L&T Finance Holdings fall 20 30% post inclusion in Derivatives

 

M&M Financial Services… The stock has continued to drift continuously post inclusion

 

JustDial thumb M&M Financial Services, Just Dial and L&T Finance Holdings fall 20 30% post inclusion in Derivatives

 

Find Just Dial expensive even at 1250 icon smile M&M Financial Services, Just Dial and L&T Finance Holdings fall 20 30% post inclusion in Derivatives … This is an older article on Just Dial

 

 

LnTFinance thumb M&M Financial Services, Just Dial and L&T Finance Holdings fall 20 30% post inclusion in Derivatives

 

L&T Finance … It quoted at a 5% discount in futures pre OFS. Do read this article L&T Finance Holdings inclusion in Derivatives a bit fishy.

 

Report and Video of the Webinar – Indian Elections – Do they change Market trends or otherwise ?

What you get – Powerpoint Presentation of the report and the Video of the webinar which was conducted in this Sunday. At a cost of Rs 499 only.

https://www.instamojo.com/noooreshtech/report-and-video-indian-elections-do-they-ch/

All other online reports – https://www.instamojo.com/noooreshtech/

Thanks and Regards,

Nooresh Merani

www.analyseindia.com

Twitter – https://twitter.com/nooreshtech

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

Cell – 09819225396

M&M Financial Services, Just Dial and L&T Finance Holdings fall 20-30% post inclusion in Derivatives is a post from: Technical view by Nooresh

Technical Charts – Larsen and Toubro & Tata Steel

Posted: 16 Apr 2014 07:29 AM PDT

Larsen thumb Technical Charts – Larsen and Toubro & Tata Steel

 

Larsen and Toubro Technical View

 

-> The stock was making new highs for past 1 month but with a very slow pace and giving divergences.

-> Finally it seems like a small breakdown which can give a dash to 1200-1150. Stoploss would be 1300.

 

TataSteel thumb Technical Charts – Larsen and Toubro & Tata Steel

 

Tata Steel Technical View

 

-> The stock is making a major cup and handle which has a breakout point at 430-435.

-> This implies the stock will face a lot of resistance at 430-435. A dip to 380 seems possible but given the risk-reward not a great trade.

-> A good stock to keep on radar if it crosses 435. It can give a similar trade like Hindalco

 

 

Report and Video of the Webinar – Indian Elections – Do they change Market trends or otherwise ?

What you get – Powerpoint Presentation of the report and the Video of the webinar which was conducted in this Sunday. At a cost of Rs 499 only.

 

https://www.instamojo.com/noooreshtech/report-and-video-indian-elections-do-they-ch/

 

All other online reports – https://www.instamojo.com/noooreshtech/ 

 

Thanks and Regards,

Nooresh Merani

www.analyseindia.com

Twitter – https://twitter.com/nooreshtech

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

Cell – 09819225396

Technical Charts – Larsen and Toubro & Tata Steel is a post from: Technical view by Nooresh

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