Technical Views – Kotak Mahindra Bank / Reliance Inds /

KotakMahindra

Kotak Mahindra Bank :

The stock has been holding up the 200 dema for the last 1 year.

Will need to see if it can do the same this time around too. If stays below 440 it can drop down to 380-400 levels.

RelianceInds

Reliance Inds:

In the last 1 year the stock has been in the range of 900-1100.

The big question now is whether it can cross 1100-1150. My preferred answer is yes but its need to be seen when. Ideally its Reliance Inds which now leads to take the leadership for Sensex.

DLF

DLF LTD :

Although my trades in real estate stocks have not gone beyond a week with precisely a view of getting 5-7% pops but people who are bullish on Real Estate can watchout if DLF holds

Regards,

Nooresh

Analyse India

7 Comments

  1. SIVA PRAKASH
    January 7, 2011

    hello Nooresh,
    What is ur view about sensex now? It has broken 19900
    where will it find support.?

    Reply
  2. G.srinivas
    January 8, 2011

    what is theiew for monday can we expect margin calls triggering later part of the day

    Reply
    1. nooresh
      January 10, 2011

      Hi Srinivas,

      There are not many margin positions left in this market

      Reply
  3. rahul
    January 8, 2011

    Hi Nooresh bhai,

    There are plenty of rumours of new scam, Govt will be dethroned, and so on. In such an environment what should be stance of an retail investor? What will be worst case scenario for the nifty?

    I am holding JSW STEEL from 1060 lavel ? Please guide me

    Reply
    1. nooresh
      January 10, 2011

      Hi Rahul

      I dont track JSW steel very closely

      Reply
  4. madhu
    January 9, 2011

    has RELINCE become bearish now?

    Reply
    1. nooresh
      January 10, 2011

      Hi Madhu,

      Reliance is a stock to watch for over next few months could take leadership/.

      Reply

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