Sensex Technical View:
After breaking out above 20300 there is a good possibility it ma test closer to that zones. The shorter term trendline seems to have broken.
Investors/Traders should look to buy Index and Quality Stocks around 20200-20300 with a stoploss of 19800-19900 on closing basis.
Stocks to watchout for :
Earlier we took a directional call on Sugars then Metals.
Now the next sector to play catch up would be Mid Cap IT stocks.
Favorites – Mphasis, Polaris and Subex ( Already moved up and booked profits but below 80 a good entry again)
Mphasis – Disclsoure recommended at 685 and Polaris at 186 levels. May book partial profits on rise.
Reliance Inds is another stock to watchout for – 1100-1120 as a resistance level.
ANALYSE INDIA announces the next 2 day exhaustive Technical Analysis training program in Mumbai on
January 8th and 9th
To register yourself call Kazim 09821237002 Asif 09833666151
January 5, 2011
Sir what is u r view on KPIT ??? can it be bought at these levels???
January 5, 2011
HELLO NOORESH,
I HAVE RAYMOND 500 SHARES @ 375.WHAT IS THE FUTURE OF THE STOCK IN NEAR TERM 15 DAYS SHOULD I HOLD R EXIT
January 6, 2011
For Indag Restuarent, is Rs. 8.75 a good entry point
January 6, 2011
Hi Nooresh,
I had gone long on SBI yesterday at 2716, please let me know what to do now
January 6, 2011
Hello Nooresh,
What do you suggest for Shipping Corp ?
At 135 levels, is it a low risk and stable bet(good dividend and low P/E) for medium term?
Regards,
Sanjay
January 9, 2011
Polaris is beaten down by Kala Patthar as per report in economictimes under heard on the street heading.