Monday 2 June 2014

Commodities

Dhanlaxmi Bank – Breaking above multi-month resistance at 46-49 .

Posted: 01 Jun 2014 10:44 PM PDT

DHANLAXMI BANK – Major resistance at 46-49 about to be conquered.
A medium term target would be 65-70 or higher.

Huge volumes in last two months indicates speculative activity or genuine buying.

Disclosure : Trading in and out of it from 35-37. Fresh recommendation today also.

If you would like to Learn Technical Analysis and become independent we are conducting a course on June 7-8th in Mumbai. Check details –http://www.nooreshtech.co.in/2014/05/technical-analysis-training-mumbai-june-7th-8th-2014.html

Also for long term investors – Last few entries left for Analyse India Big Value 2.0. Last date extended till June 10th – –http://www.nooreshtech.co.in/2014/05/last-20-entries-for-big-value-2-0-and-big-value-1-recommendation-list.html

Thanks and Regards,

Nooresh Merani

www.analyseindia.com

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nooreshtech@analyseindia.com

Dhanlaxmi Bank – Breaking above multi-month resistance at 46-49 . is a post from: Technical view by Nooresh

Bharti Airtel – Short term breakout above 350.

Posted: 01 Jun 2014 09:53 PM PDT

Bharti Airtel Technical View –

Last 2 weeks the stock has been forming a flag which has a breakout above 350-351. A target price would be 375 or higher. Stoploss around 343.

Eclerx – A technical trades May 2014 recommendation bouncing from the support zones. Been a good performer fundamentally but gave good entry chance on dips to 1070. Can still be a buy on dips to 1100 or lower.

We have not been able to call back some of the people who inquired for Big Value due to some personal commitments. We are extending the deadline of subscription from 31st May to June 10th. Last few seats left.

http://www.nooreshtech.co.in/2014/05/last-20-entries-for-big-value-2-0-and-big-value-1-recommendation-list.html