Stock Market and Nifty Outlook for 30th November, 2011 (30/11/2011)
November 30, 2011 by admin
Filed under Analyst's Corner, General
Yesterday, NIFTY made a Long Black Candlestick Pattern, but did not engulfed the previous day’s candlestick. The markets decline significantly following the opening showing that sellers were aggressive. It was mayhem on Dalal Street. Post a strong pre-market session, the markets fell below equator to open in red. This was the result of profit booking, [...]
OverSold Stocks for 23rd November, 2011
November 23, 2011 by admin
Filed under Analyst's Corner, General
Below is a list of overSold stocks according to the technical indicator RSI. The below list contains stocks which have high RSI indicating that it is in an OverSold state. Name Sector Current Price RSI Fast Stochastic Slow Stochastic Average Volume (in thousands) Hindustan Dorr-Oliver Ltd. Engineering 24.7 0.00 1.36 3.99 96.25 Harrisons Malayalam Ltd. [...]
Overbought Stocks for 23rd November, 2011
November 23, 2011 by admin
Filed under Analyst's Corner, General
Below is a list of overbought stocks according to the technical indicator RSI. The below list contains stocks which have high RSI indicating that it is in an overbought state. Name Sector Current Price RSI Fast Stochastic Slow Stochastic Average Volume (in thousands) CMC Ltd. Computers 895.15 87.87 91.32 92.29 18.60 Patni Computer Systems Ltd. [...]
Stock Market and Nifty Outlook for November 21, 2011 (21/11/2011)
November 21, 2011 by admin
Filed under Analyst's Corner, General
Share Market and Nifty Outlook for November 21, 2011 (21/11/2011) On Friday, NIFTY again made a Bullish Hammer Candlestick Pattern, which reduces the previous bearish sentiment causing the short traders to feel increasingly uneasy with their bearish positions. Equities dropped on Friday, foreshadowing a gloomy weekend, as investors chose to reduce risk in their portfolios [...]
Hot Intraday Stock Tips and Strategy for 21st November, 2011: Sell JSW Steel
November 21, 2011 by admin
Filed under Analyst's Corner, General
Hot Intraday Share Market Tips for 21st November, 2011: Sell JSW Steel On the Daily Charts, JSWSTEEL has made a Long Black Candlestick, with a good spurt in Volume. Yesterday, the stock closed below its 20-Days EMA (Exponential Moving Average) and 50-Days SMA (Simple Moving Average) of 642.89 and 633.90, respectively. It is also trading [...]
Share Market and Nifty Outlook for November 18th, 2011 (18/11/2011)
November 18, 2011 by admin
Filed under Analyst's Corner, General
Stock Market and Nifty Outlook for November 18th, 2011 (18/11/2011) Yesterday, NIFTY again made a Long Black Candlestick Pattern, signaling panic or capitulation as it has appeared after a long decline. It has been a 4-days losing streak for NIFTY. The market kick-started trade on a flat but negative note and remained range-bound throughout the [...]
Stock Market Outlook and Nifty Future View for 17th November, 2011 (17/11/2011)
November 17, 2011 by admin
Filed under Analyst's Corner, General
Share Bazaar Outlook and Nifty Future View for 17th November, 2011 (17/11/2011) Yesterday, NIFTY again made a Black Candlestick Pattern, with a longer lower shadow. It means NIFTY dipped much lower in the intraday trading but closed much above that low. NIFTY kick-started trade on a negative note tracking mixed Asian markets, and failed to [...]
Hot Intraday Stock Tips and Strategy for November 17, 2011: Buy WELCORP
November 17, 2011 by admin
Filed under Analyst's Corner, General
Hot Intraday Share Tips and Strategy for November 17, 2011: Buy WELCORP On the Daily Charts, WELCORP has made a Bullish Dragonfly Doji Candlestick Pattern, with a considerable spurt in Volume. The confirmation of the trend reversal implied by this pattern is by either a white candlestic or a large gap up or a higher [...]
Free Intraday Stock Tips for 17th November, 2011: Buy Titan Industries
November 17, 2011 by admin
Filed under Analyst's Corner, General
Intraday Stock Market Tips for 17th November, 2011: Buy Titan Industries On the Daily Charts, TITAN has made a Long White Candlestick Pattern, with a considerable good spurt in Volume and the candlestick has also engulfed the previous day’s candle into it. Long White Candlesticks show strong buying pressure. The prices advanced significantly from open [...]
Stock Market and Nifty Outlook and Nifty View for November 16th, 2011
November 16, 2011 by admin
Filed under Analyst's Corner, General
Stock Market and Nifty View for November 16th, 2011 Yesterday, NIFTY again made a Long Black Candlestick Pattern. Markets witnessed significant losses as correction in European peers smashed investor buying sentiments. NIFTY witnessed a muted opening in the negative terrain and opened with a loss of almost 15-20 points. The market extended its last session’s [...]
