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Oscillators

DCX systems showing early signs of retracement.Today's stock for analysis is DCXINDIA. This stock was recently listed nearly 50% premium over the IPO issue price of 207. Since its listing, the stock is in continuous downtrend as seen on chart. However, from past few days, we can see a retracement coming from levels of 150 in the stock. RSI positive divergence is also visible. 175-178 is a strong supply zone above which the stock can move quickly towards 193-195 levels which is its 38.2% retracement of downtrend. Study the chart and kindly trade as per your own analysis.
NSE:DCXINDIALong
by chartistamey
Deepak Nitrite showing continuous sign of uptrend.I have added all my observations in the chart. H - High L - Low HH - Higher high HL - Higher lows briefing all the points, Technically Stock is not in overbought zone. No signs of divergence with respect to prices with RSI graph 50EMA line just crossing 100EMA line Stock making higher highs and higher lows no bearish candlestick patter visible on daily chart Stock seems to be in uptrend Stock above 200DMA Fundamentally 1. Stock showed increased operating profit from last 3 quaters. 2. No cons visible on screener site. 3. Increased Investments from DIIs for last 2 quaters Summary Stock seems like is in uptrend, with no negative indicator in sight.
DLong
by mohit_bhayana