IDBI :
The stock has been a major underperformer in the banking segment. So although the stock looks good technically but stock has not seen following up buying before.
Cipla :
The stock has seen a big crack today with volumes which is not a good indication. Sustained closing below 300 could take the stock to sub 250 levels also
TATA COFFEE:
A nice cup and handle plus a channel indicates the stock could give a good 50 rs upmove if able to cross 485-490 with volumes. Buy on crossover with a stoploss of 470.
SENSEX TECHNICAL VIEW:
Nothing has changed in the index so the view remains same. Keep yourself hedged or higher cash. Stoploss for short term longs is 17800. Stoploss for shorts 18600 on closing basis.
For Nifty all we have been doing is selling at 5450-5470 covering it at 5370-5400 with lots of swing the average selling level is now way higher. So this gives us a good hedge to stock specific longs.
Continue to keep strict stoplosses to conserve the gains made in last few weeks. Also avoid Leverage !!
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Cheers,
Nooresh
August 17, 2010
Sir,
What is ur view on sesagoa now?
August 18, 2010
Can expect 300 on lower side in worst case … Though i avoid news based stuff
August 17, 2010
Hello Nooresh bhai,
Your one of the reco kalpena industries, it is coming down everyday
cna we add some more, hold or sell
please advice
August 18, 2010
Add some more i am convinced about the long term outlook of the company
August 17, 2010
Please comment on Unitech for short term?
August 18, 2010
No view on it. M bad at Real Estate Stocks
August 17, 2010
Dear Nooreshbhai
I like to know if you are giving Share Terminal. If yes please give me details…
Regards
Mayur
August 18, 2010
Hi Mayur,
We do. You can contact me at 09819225396 or my team members Kazim 09821237002
August 21, 2010
Nooresh Bhai,
ye VFM kya small investor ke liye bhi hai? Need to know more about it.