Nifty Technical View:
The buy area for Nifty as mentioned was around 5250 and the precise levels are 5220-5260 gap which is done and any dips closer to that area with a positional stoploss of 5150 and short term stops at 5190.
Even bank Nifty came into our buy area of 9800-9900 as mentioned in previous posts - https://nooreshtech.co.in/2012/08/nifty-gives-the-first-breakout-hint-and-now-a-dip-bank-nifty-drift-continues.html
Meanwhile one can read this detailed report on Power of Trendlines sent to our Newsletter Clients mentioning about how 5200-5250 will be tested and then we can see a strong recovery. Believe tomorrow is the start of it.
POWER OF TRENDLINES POWER OF TRENDLINES
TECHNICAL ANALYSIS TRAINING SCHEDULE
MUMBAI SEPT 15-16
ONLINE TRAINING PROGRAM SEPTEMBER 22-23 tentatively
For more details call Nooresh 09819225396 or N S Fidai 09920120878 or mail toanalyseindia@analyseindia.com
September 7, 2012
Dear Nooresh,
What is the entry point for Jain IRG. can i average at the current price 61?
Thanks
Bhanu
September 10, 2012
Hi bhanu,
Let it stabilize at lower levels or review after some time.
September 7, 2012
dear nooresh sir,
Extremly good work as forever you are doing.When ever Other Analyst Are confusing common People ,you always help and Teach all general and common person like me.This is very good work and Appriciate Heartly That You Are helping and Educate All People.Keep It Up
September 10, 2012
Hi Mehul,
Thanks for your kind words.
Just posting our ideas with honesty 🙂
September 10, 2012
hi Nooresh,
do you see any buzz in Deccan Chronicals? Do you advice buy?
Thanks
bhanu
September 11, 2012
Great
It touched 5400 level today
How is the next Trendline?