Elderbro89

Elderbro89

Eris crosses Resistance at 600 after taking support from UpTrend Line. Next resistance at 630.

Elderbro89

Natco Pharma is clearly oversold ( RSI < 30 and continuously near lower Bollinger Band) and is near the support line. Stock could bounce up in next couple of days.

Elderbro89 Updated 

IPCA is clearly oversold (RSI < 30 and continuously near lower Bollinger Band) and is near support line. Stock could bounce up in near term.

Elderbro89

Formation of Head and Shoulders Reversal Pattern as well as Descending Triangle seems to indicate bearish move on the stock. Volumes not giving a clear indication though. Disclaimer: I am still learning Technical Analysis and am trying to apply the concepts learned.