Sensex – Short Term Bottom in Sight, Bounceback on Cards.



This is a detailed update on the current market scenario with our favorite stocks. In our previous updates a couple of weeks back at 5400-5100 we had mentioned one should at least keep 50% cash.


We consider the next few weeks would be a good time to start deploying cash but keep in mind to book partial profits on bounce backs.


Expect the markets to find a short term bottom in the range of 15600 ( + – 200 points) and traders can keep a stoploss of 15400 on closing basis if going leveraged.


Download the latest presentation from the following link below


Sensex - Short Term Bottom in Sight


Happy Investing ,


Nooresh Merani


  1. Rakesh
    August 30, 2011


    Wishing you and Analyse India Team a Very Happy Eid.


    1. nooresh
      September 1, 2011

      Thanks Rakesh

  2. pratik
    September 16, 2011

    hi nooresh,

    do you have workshops or training’s for intraday technical analysis?

    1. nooresh
      September 19, 2011

      Not exactly for day trading but on technical analysis


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