M-oscillator
DIVISLAB: A Bearish Trend "
TECHNICAL ANALYSIS OF NSE:DIVISLAB
The LAST CLOSE PRICE of NSE:DIVISLAB is 4250.9. The PARABOLIC SAR is showing the DOWNWARD SIGNAL with TREND as DOWN TREND . The FIBONACCI LEVELS analysis shows that the CLOSEST FIBONACCI LEVELS is 0.382 at the FIBONACCI STOCK PRICE LEVEL of 4250.9. From here, the Key Support and Resistance levels are SUPPORT 1 at 250.07, SUPPORT 2 at 4427.5 with RESISTANCE 1 and RESISTANCE 2 at 4128.55 and 3945.9 respectively. The Key 50% FIBONACCI LEVEL stands at 3789.15 which is the crucial Fibonacci Level determining whether the scrip will maintain the trend or not.
The STOC RSI has the values K and D as 14.37 and 10.57 respectively. At this level it the status is OVER SOLD. When we look at the Moving Averages, MACD is the crucial indicator to look into. With MACD VALUE at 56.92 and 13.65 at 76.57 along with HISTOGRAM showing values of -19.65, the STATUS is clearly SELL CROSSOVER NEARING IN.
The best indicator to determine the Trend Reversal is FISHER TRANSFORM and currently the values of FISHER and TRIGGER stand at -0.31 and -0.13 with UPTREND as DOWNTREND. A very important factor while making the investment is to see if there has been already too much of Buying or Selling, and that are we entering too late into the transaction or not. Thus, with WILLIAM's R% value at -0.7196 the STATUS is WITHIN OVER BOUGHT AND OVER SOLD RANGE.
No one wants to buy costly things, and thus always look for the bargain or appropriate price levels to buy things. Same applies to Stocks, however the only exception would be some Hot Stocks that one wants to have any price. Looking at this perspective, the P/E RATIO of the stock stands at 56.52 which signifies its Price Level to be TOO EXPENSIVE.
>>> RECOMMENDATION is : SELL."
Disclaimer:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
SBILIFE: A Bullish Trend"
TECHNICAL ANALYSIS OF NSE:SBILIFE
The LAST CLOSE PRICE of NSE:SBILIFE is 1007.15 . The PARABOLIC SAR is showing the BUY SIGNAL with TREND as UPTREND . The FIBONACCI LEVELS analysis shows that the CLOSEST FIBONACCI LEVELS is 0.5 at the FIBONACCI STOCK PRICE LEVEL of 1007.15. From here, the Key Support and Resistance levels are SUPPORT 1 at 250.07, SUPPORT 2 at 977.51 with RESISTANCE 1 and RESISTANCE 2 at 1011.1 and 1026.6 respectively. The Key 50% FIBONACCI LEVEL stands at 1000.73 which is the crucial Fibonacci Level determining whether the scrip will maintain the trend or not.
The STOC RSI has the values K and D as 76.5 and 70.55 respectively. At this level it the status is WITHIN OVER BOUGHT AND OVER SOLD RANGE. When we look at the Moving Averages, MACD is the crucial indicator to look into. With MACD VALUE at 9.14 and 2.94 at 8.82 along with HISTOGRAM showing values of 0.32, the STATUS is clearly BUYING CROSSOVER.
The best indicator to determine the Trend Reversal is FISHER TRANSFORM and currently the values of FISHER and TRIGGER stand at 0.88 and 0.56 with UPTREND as UPTREND. A very important factor while making the investment is to see if there has been already too much of Buying or Selling, and that are we entering too late into the transaction or not. Thus, with WILLIAM's R% value at -0.1711 the STATUS is OVER BOUGHT.
No one wants to buy costly things, and thus always look for the bargain or appropriate price levels to buy things. Same applies to Stocks, however the only exception would be some Hot Stocks that one wants to have any price. Looking at this perspective, the P/E RATIO of the stock stands at 69.2 which signifies its Price Level to be TOO EXPENSIVE.
>>> RECOMMENDATION is : BUY .
Disclaimer:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
MARUTI: A Bullish Trend"
TECHNICAL ANALYSIS OF NSE:MARUTI
The LAST CLOSE PRICE of NSE:MARUTI is 7649 . The PARABOLIC SAR is showing the UPWARD SIGNAL with TREND as UPTREND . The FIBONACCI LEVELS analysis shows that the CLOSEST FIBONACCI LEVELS is 1.414 at the FIBONACCI STOCK PRICE LEVEL of 7649. From here, the Key Support and Resistance levels are SUPPORT 1 at 250.07, SUPPORT 2 at 6949.73 with RESISTANCE 1 and RESISTANCE 2 at 7708 and 7812.7 respectively. The Key 50% FIBONACCI LEVEL stands at 7093.73 which is the crucial Fibonacci Level determining whether the scrip will maintain the trend or not.
The STOC RSI has the values K and D as 85.77 and 68,57 respectively. At this level it the status is WITHIN OVER BOUGHT AND OVER SOLD RANGE. When we look at the Moving Averages, MACD is the crucial indicator to look into. With MACD VALUE at 127.31 and 27.51 at 91.05 along with HISTOGRAM showing values of 36.36, the STATUS is clearly UPWARDS.
The best indicator to determine the Trend Reversal is FISHER TRANSFORM and currently the values of FISHER and TRIGGER stand at 0.66 and 0.04 with DOWNTREND as UPTREND. A very important factor while making the investment is to see if there has been already too much of Buying or Selling, and that are we entering too late into the transaction or not. Thus, with WILLIAM's R% value at -0.019 the STATUS is OVER BOUGHT.
No one wants to buy costly things, and thus always look for the bargain or appropriate price levels to buy things. Same applies to Stocks, however the only exception would be some Hot Stocks that one wants to have any price. Looking at this perspective, the P/E RATIO of the stock stands at 52.63 which signifies its Price Level to be TOO EXPENSIVE.
>>> RECOMMENDATION is : BUY ."
Disclaimer:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
HEROMOTOCO: A Bearish Trend"
TECHNICAL ANALYSIS OF NSE:HEROMOTOCO
The LAST CLOSE PRICE of NSE:HEROMOTOCO is 2939.2 . The PARABOLIC SAR is showing the DOWNWARD SIGNAL with TREND as DOWN TREND . The FIBONACCI LEVELS analysis shows that the CLOSEST FIBONACCI LEVELS is 0.236 at the FIBONACCI STOCK PRICE LEVEL of 2939.2. From here, the Key Support and Resistance levels are SUPPORT 1 at 250.07, SUPPORT 2 at 2971 with RESISTANCE 1 and RESISTANCE 2 at 2851.55 and 2773.1 respectively. The Key 50% FIBONACCI LEVEL stands at 2971 which is the crucial Fibonacci Level determining whether the scrip will maintain the trend or not.
The STOC RSI has the values K and D as 24.95 and 18.29 respectively. At this level it the status is WITHIN OVER BOUGHT AND OVER SOLD RANGE. When we look at the Moving Averages, MACD is the crucial indicator to look into. With MACD VALUE at -7.29 and 30.41 at 3.3 along with HISTOGRAM showing values of -10.61, the STATUS is clearly DOWNWARDS.
The best indicator to determine the Trend Reversal is FISHER TRANSFORM and currently the values of FISHER and TRIGGER stand at -1.04 and -1.18 with DOWNTREND as DOWNTREND. A very important factor while making the investment is to see if there has been already too much of Buying or Selling, and that are we entering too late into the transaction or not. Thus, with WILLIAM's R% value at -0.6336 the STATUS is WITHIN OVER BOUGHT AND OVER SOLD RANGE.
No one wants to buy costly things, and thus always look for the bargain or appropriate price levels to buy things. Same applies to Stocks, however the only exception would be some Hot Stocks that one wants to have any price. Looking at this perspective, the P/E RATIO of the stock stands at 20.13 which signifies its Price Level to be OK.
>>> RECOMMENDATION is : SELL ."
Disclaimer:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
COALINDIA: On a Bearish trend "
TECHNICAL ANALYSIS OF NSE:COALINDIA
The LAST CLOSE PRICE of NSE:COALINDIA is 148.75 . The PARABOLIC SAR is showing the DOWNWARD SIGNAL with TREND as DOWN TREND . The FIBONACCI LEVELS analysis shows that the CLOSEST FIBONACCI LEVELS is 0.786 at the FIBONACCI STOCK PRICE LEVEL of 148.75. From here, the Key Support and Resistance levels are SUPPORT 1 at 250.07, SUPPORT 2 at 154.55 with RESISTANCE 1 and RESISTANCE 2 at 144.25 and 138.3 respectively. The Key 50% FIBONACCI LEVEL stands at 154.55 which is the crucial Fibonacci Level determining whether the scrip will maintain the trend or not.
The STOC RSI has the values K and D as 8.67 and 8.78 respectively. At this level it the status is OVER SOLD. When we look at the Moving Averages, MACD is the crucial indicator to look into. With MACD VALUE at 0.7 and 46.27 at 2.16 along with HISTOGRAM showing values of -1.46, the STATUS is clearly DOWNWARDS.
The best indicator to determine the Trend Reversal is FISHER TRANSFORM and currently the values of FISHER and TRIGGER stand at -1.35 and -1.22 with UPTREND as DOWNTREND. A very important factor while making the investment is to see if there has been already too much of Buying or Selling, and that are we entering too late into the transaction or not. Thus, with WILLIAM's R% value at -0.7558 the STATUS is WITHIN OVER BOUGHT AND OVER SOLD RANGE.
No one wants to buy costly things, and thus always look for the bargain or appropriate price levels to buy things. Same applies to Stocks, however the only exception would be some Hot Stocks that one wants to have any price. Looking at this perspective, the P/E RATIO of the stock stands at 7.22 which signifies its Price Level to be VERY CHEAP.
>>> RECOMMENDATION is : SELL."
Disclaimer:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
A Red Candle will confirm the downtrend for NIFTYAfter one indecisive candle, there are two red candles has shown for NIFTY, one more RED candle comes today, than it will confirm downtrend for NIFTY for next couple of days.
Friday’s candle was also kind of indecisive.
$ is going up
Crude Oil is going up
Gold is going down.
RELIANCE: Starting a Bearish Trend"
TECHNICAL ANALYSIS OF NSE:RELIANCE
The LAST CLOSE PRICE of NSE:RELIANCE is 2153.5 . The PARABOLIC SAR is showing the SELL SIGNAL with TREND as DOWN TREND . The FIBONACCI LEVELS analysis shows that the CLOSEST FIBONACCI LEVELS is 0.382 at the FIBONACCI STOCK PRICE LEVEL of 2153.5. From here, the Key Support and Resistance levels are SUPPORT 1 at 2187.84, SUPPORT 2 at 2274.9 with RESISTANCE 1 and RESISTANCE 2 at 2090.45 and 1984.65 respectively. The Key 50% FIBONACCI LEVEL stands at 2090.45 which is the crucial Fibonacci Level determining whether the scrip will maintain the trend or not.
The STOC RSI has the values K and D as 0.7 and 6.96 respectively. At this level it the status is WITHIN OVER BOUGHT AND OVER SOLD RANGE. When we look at the Moving Averages, MACD is the crucial indicator to look into. With MACD VALUE at 43.6 and SIGNAL at 53.58 along with HISTOGRAM showing values of -10.97, the STATUS is clearly DOWNWARDS.
The best indicator to determine the Trend Reversal is FISHER TRANSFORM and currently the values of FISHER and TRIGGER stand at -0.24 and 0.16 with SIGNAL as DOWNTREND. A very important factor while making the investment is to see if there has been already too much of Buying or Selling, and that are we entering too late into the transaction or not. Thus, with WILLIAM's R% value at -0.8899 the STATUS is OVER SOLD.
No one wants to buy costly things, and thus always look for the bargain or appropriate price levels to buy things. Same applies to Stocks, however the only exception would be some Hot Stocks that one wants to have any price. Looking at this perspective, the P/E RATIO of the stock stands at 28.57 which signifies its Price Level to be AVERAGE.
>>> RECOMMENDATION is : SELL."
Disclaimer:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
AMBER ENTERPRISES | 22% Swing potential | Breakaway Gap | VolumeCMP- 2972
SL - 2776 (closing basis D)
SL 2 - 2649
Target - 3650
24/6/21
- The script respects 50EMA on W/D
- Short term downtrend structure
- Parameters turned positive
- can observe BREAKAWAY gap
- Broke short term down trendline with RSI divergence supporting it
- Breakaway gap was supported by decent VOL surge
- Can wait for retest to the upper range of gap or take entry now
KSE International: A Bullish Trend"
TECHNICAL ANALYSIS OF NSE:KEC
The LAST CLOSE PRICE of NSE:KEC is 438.3 . The PARABOLIC SAR is showing the UPWARD SIGNAL with TREND as UPTREND . The FIBONACCI LEVELS analysis shows that the CLOSEST FIBONACCI LEVELS is 1.272 at the FIBONACCI STOCK PRICE LEVEL of 450.3. From here, the Key Support and Resistance levels are SUPPORT 1 at 250.07, SUPPORT 2 at 424.85 with RESISTANCE 1 and RESISTANCE 2 at 454.15 and 462.9 respectively. The Key 50% FIBONACCI LEVEL stands at 411.88 which is the crucial Fibonacci Level determining whether the scrip will maintain the trend or not.
The STOC RSI has the values 99.6 and D as 100 and 99.39 respectively. At this level it the status is OVER BOUGHT. When we look at the Moving Averages, MACD is the crucial indicator to look into. With MACD VALUE at 8.05 and 83.14 at 2.94 along with HISTOGRAM showing values of 5.09, the STATUS is clearly UPWARDS.
The best indicator to determine the Trend Reversal is FISHER TRANSFORM and currently the values of FISHER and TRIGGER stand at 1.97 and 1.53 with UPTREND as UPTREND. A very important factor while making the investment is to see if there has been already too much of Buying or Selling, and that are we entering too late into the transaction or not. Thus, with WILLIAM's R% value at -0.0875 the STATUS is OVER BOUGHT.
No one wants to buy costly things, and thus always look for the bargain or appropriate price levels to buy things. Same applies to Stocks, however the only exception would be some Hot Stocks that one wants to have any price. Looking at this perspective, the P/E RATIO of the stock stands at 20.88 which signifies its Price Level to be OK.
>>> RECOMMENDATION is : BUY ."
Disclaimer:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
HDFCBANK: Starting a Bearish trend "
TECHNICAL ANALYSIS OF NSE:HDFCBANK
The LAST CLOSE PRICE of NSE:HDFCBANK is 1492.5 . The PARABOLIC SAR is showing the DOWNWARD SIGNAL with TREND as DOWN TREND . The FIBONACCI LEVELS analysis shows that the CLOSEST FIBONACCI LEVELS is 0.236 at the FIBONACCI STOCK PRICE LEVEL of 1497. From here, the Key Support and Resistance levels are SUPPORT 1 at 250.07, SUPPORT 2 at 1525 with RESISTANCE 1 and RESISTANCE 2 at 1473.1 and 1448.65 respectively. The Key 50% FIBONACCI LEVEL stands at 1452.15 which is the crucial Fibonacci Level determining whether the scrip will maintain the trend or not.
The STOC RSI has the values 90.48 and D as 62.29 and 48.05 respectively. At this level it the status is WITHIN OVER BOUGHT AND OVER SOLD RANGE. When we look at the Moving Averages, MACD is the crucial indicator to look into. With MACD VALUE at 5.54 and 74 at 7.08 along with HISTOGRAM showing values of -1.54, the STATUS is clearly DOWNWARDS.
The best indicator to determine the Trend Reversal is FISHER TRANSFORM and currently the values of FISHER and TRIGGER stand at 0.28 and -0.24 with UPTREND as UPTREND. A very important factor while making the investment is to see if there has been already too much of Buying or Selling, and that are we entering too late into the transaction or not. Thus, with WILLIAM's R% value at -0.2809 the STATUS is WITHIN OVER BOUGHT AND OVER SOLD RANGE.
No one wants to buy costly things, and thus always look for the bargain or appropriate price levels to buy things. Same applies to Stocks, however the only exception would be some Hot Stocks that one wants to have any price. Looking at this perspective, the P/E RATIO of the stock stands at 25.99 which signifies its Price Level to be OK.
>>> RECOMMENDATION is : SELL."
Disclaimer:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
HDFCAMC: A Bearish Trend"
TECHNICAL ANALYSIS OF NSE:HDFCAMC
The LAST CLOSE PRICE of NSE:HDFCAMC is 2947.95 . The PARABOLIC SAR is showing the DOWNWARD SIGNAL with TREND as DOWN TREND . The FIBONACCI LEVELS analysis shows that the CLOSEST FIBONACCI LEVELS is 0.382 at the FIBONACCI STOCK PRICE LEVEL of 2946.8. From here, the Key Support and Resistance levels are SUPPORT 1 at 250.07, SUPPORT 2 at 2968.08 with RESISTANCE 1 and RESISTANCE 2 at 2864.65 and 2796.85 respectively. The Key 50% FIBONACCI LEVEL stands at 2916.82 which is the crucial Fibonacci Level determining whether the scrip will maintain the trend or not.
The STOC RSI has the values 41.37 and D as 7.16 and 6.12 respectively. At this level it the status is OVER SOLD. When we look at the Moving Averages, MACD is the crucial indicator to look into. With MACD VALUE at 24.28 and 6.06 at 42.69 along with HISTOGRAM showing values of -18.21, the STATUS is clearly DOWNWARDS.
The best indicator to determine the Trend Reversal is FISHER TRANSFORM and currently the values of FISHER and TRIGGER stand at -1.23 and -0.95 with DOWNTREND as DOWNTREND. A very important factor while making the investment is to see if there has been already too much of Buying or Selling, and that are we entering too late into the transaction or not. Thus, with WILLIAM's R% value at -0.8285 the STATUS is OVER SOLD.
No one wants to buy costly things, and thus always look for the bargain or appropriate price levels to buy things. Same applies to Stocks, however the only exception would be some Hot Stocks that one wants to have any price. Looking at this perspective, the P/E RATIO of the stock stands at 47.42 which signifies its Price Level to be TOO EXPENSIVE.
>>> RECOMMENDATION is : SELL ."
Disclaimer:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
BBTC: Following a Bearish Trend"
TECHNICAL ANALYSIS OF NSE:BBTC
The LAST CLOSE PRICE of NSE:BBTC is 1303.65 . The PARABOLIC SAR is showing the SELL SIGNAL with TREND as DOWN TREND . The FIBONACCI LEVELS analysis shows that the CLOSEST FIBONACCI LEVELS is 0.5 at the FIBONACCI STOCK PRICE LEVEL of 1303.65. From here, the Key Support and Resistance levels are SUPPORT 1 at 250.07, SUPPORT 2 at 1424.95 with RESISTANCE 1 and RESISTANCE 2 at 1187.95 and 1128.25 respectively. The Key 50% FIBONACCI LEVEL stands at 1274.9 which is the crucial Fibonacci Level determining whether the scrip will maintain the trend or not.
The STOC RSI has the values 62.31 and D as 7.37 and 10.33 respectively. At this level it the status is OVER SOLD. When we look at the Moving Averages, MACD is the crucial indicator to look into. With MACD VALUE at 24.62 and 41.5 at 30.41 along with HISTOGRAM showing values of -5.79, the STATUS is clearly DOWNWARDS.
The best indicator to determine the Trend Reversal is FISHER TRANSFORM and currently the values of FISHER and TRIGGER stand at -0.83 and -0.44 with UPTREND as DOWNTREND. A very important factor while making the investment is to see if there has been already too much of Buying or Selling, and that are we entering too late into the transaction or not. Thus, with WILLIAM's R% value at -0.8201 the STATUS is OVER SOLD.
No one wants to buy costly things, and thus always look for the bargain or appropriate price levels to buy things. Same applies to Stocks, however the only exception would be some Hot Stocks that one wants to have any price. Looking at this perspective, the P/E RATIO of the stock stands at 24.61 which signifies its Price Level to be OK.
>>> RECOMMENDATION is : SELL."
Disclaimer:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
ATUL: Following a Bearish Trend"
TECHNICAL ANALYSIS OF NSE:ATUL
The LAST CLOSE PRICE of NSE:ATUL is 8790.4 . The PARABOLIC SAR is showing the SELL SIGNAL with TREND as DOWN TREND . The FIBONACCI LEVELS analysis shows that the CLOSEST FIBONACCI LEVELS is 0.236 at the FIBONACCI STOCK PRICE LEVEL of 8790.4. From here, the Key Support and Resistance levels are SUPPORT 1 at 8982.75, SUPPORT 2 at 9143.6 with RESISTANCE 1 and RESISTANCE 2 at 8462.6 and 8071.8 respectively. The Key 50% FIBONACCI LEVEL stands at 7747.5 which is the crucial Fibonacci Level determining whether the scrip will maintain the trend or not.
The STOC RSI has the values K and D as 1.87 and 11.49 respectively. At this level it the status is OVER SOLD. When we look at the Moving Averages, MACD is the crucial indicator to look into. With MACD VALUE at 139.17 and SIGNAL at 173.78 along with HISTOGRAM showing values of -34.68, the STATUS is clearly DOWNWARDS.
The best indicator to determine the Trend Reversal is FISHER TRANSFORM and currently the values of FISHER and TRIGGER stand at -0.43 and -0.17 with SIGNAL as DOWNTREND. A very important factor while making the investment is to see if there has been already too much of Buying or Selling, and that are we entering too late into the transaction or not. Thus, with WILLIAM's R% value at -0.5985 the STATUS is WITHIN OVER BOUGHT AND OVER SOLD RANGE.
No one wants to buy costly things, and thus always look for the bargain or appropriate price levels to buy things. Same applies to Stocks, however the only exception would be some Hot Stocks that one wants to have any price. Looking at this perspective, the P/E RATIO of the stock stands at 39.76 which signifies its Price Level to be TOO EXPENSIVE.
>>> RECOMMENDATION is : SELL."
Disclaimer:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
DABUR : Bearish trend has started.TECHNICAL ANALYSIS OF NSE:DABUR
The LAST CLOSE PRICE of NSE:DABUR is 566.65. The PARABOLIC SAR is showing the SELL SIGNAL with TREND as DOWN TREND . The FIBONACCI LEVELS analysis shows that the C LOSEST FIBONACCI LEVELS is 0.236 at the FIBONACCI STOCK PRICE LEVEL of 566.25. From here, the Key Support and Resistance levels are SUPPORT 1 at 567.74, SUPPORT 2 at 503.94 with RESISTANCE 1 and RESISTANCE 2 at 558.2 and 551.15 respectively. The Key 50% FIBONACCI LEVEL stands at 551 which is the crucial Fibonacci Level determining whether the scrip will maintain the trend or not.
The STOC RSI has the values K and D as 53.51 and 34 respectively. At this level it the status is WITHIN OVER BOUGHT AND OVER SOLD RANGE . When we look at the Moving Averages, MACD is the crucial indicator to look into. With MACD VALUE at 9.02 and SIGNAL at 7.81 alongwith HISTOGRAM showing values of 0.9, the STATUS is clearly SELL CROSSOVER NEARING IN.
The best indicator to determine the Trend Reversal is FISHER TRANSFORM and currently the values of FISHER and TRIGGER stand at 1.23 and 2.02 with SIGNAL as DOWNTREND . A very important factor while making the investment is to see if there has been already too much of Buying or Selling, and that are we entering too late into the transaction or not. Thus, with WILLIAM's R% value at -0.3684 the STATUS is WITHIN OVER BOUGHT AND OVER SOLD RANGE.
No one wants to buy costly things, and thus always look for the bargain or appropriate price levels to buy things. Same applies to Stocks, however the only exception would be some Hot Stocks that one wants to have any price. Looking at this perspective, the P/E RATIO of the stock stands at 59.33 which signifies its Price Level to be TOO EXPENSIVE.
>>> RECOMMENDATION is : SELL.
Disclaimer:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
Yesbank - Trendline Breakout It has been observed that the price action breaks out above the 6 months trendline and confirmed the breakout by re-testing of trendline by forming a bullish candlestick. The breakout is also confirmed by the RSI Bullish Divergence. Therefore, price action is expected to go further up from here on. T1-17.5, SL 14