Sensex Technical View :
The view remains the same to watch 10650-10700 on downside and almost triple tops made near 11350-11400 zone.
Any breakout may possibly give a small 200-400 points trading opportunity on the Sensex.
Stocks to watchout for :
Grasim continues to look good , PFC moves up without coming to range ( advised to clients at 144 booked at 158 + )
NIIT stop hit.Modern Dairies 16 stop. Murudeshwar stop 18.5 . Bil care keep a stop of 295.
Power Grid
The stock saw huge volumes on friday and if stays above 102 then can targey 109-115 zone. On dips close to 95-96 could be a buy with a stop of 92.
Small Cap stock - Ganesh Housing , Advanta and Agro Tech look positive on charts. Investors tracking the companies can make a funda check soon.
TECHNICAL ANALYSIS TRAINING SESSIONS planned for Bangalore , Hyderabad, Mumbai in next few months. Conducted for a small group of 6-10 people. Interested people mail to noorrock2002@gmail.com so we can schedule for the cities accordingly.
May 9-10 tentatively scheduled for Mumbai.
Best Regards,
Nooresh
09819225396
noorrock2002@gmail.com , meraninooresh@yahoo.com
