The stock has remained overbought for entire September which shows continued uptrend. Today’s candle is a doji which shows the market is facing selling pressure at its current point. Same happened 3 days earlier but the market has risen, so it’s uncertain what’ll happen. No specific negative formations visible though to suggest any steep negative change, however the steep uprise could face a curb soon.
Golden Steps to Wealth: BSE, NSE, Indian Stock Market Tips, Technical Stock Charts, Weekly Chart Analysis, NIFTY, SENSEX, Candlestick Analysis, Moving Averages & More.
ANNOUNCEMENTS:
Subscribe to:
Post Comments (Atom)
Popular Posts
-
ICICI Bank Daily NSE Stock Chart Technical Analysis: ICICI walked sideways today after a big gap-up yesterday. The market made a dou...
-
UNITECH Daily NSE Stock Chart Technical Analysis: Unitech gapped-up today with the overall market trend. Market Outlook: The sudden gap...
-
RELIANCE COMMUNICATIONS Daily NSE Stock Chart Technical Analysis: The price had a fall throughout the day, opening at 174.8 and closing ...
-
DLF Daily NSE Stock Chart Technical Analysis: DLF is range-bound since last 2 weeks, but closed slightly above resistance today. Today...
-
ADSL (Allied Digital Services Ltd) Weekly NSE Stock Chart Technical Analysis: (As this is a weekly chart, each bar/candlestick represent...
No comments:
Post a Comment
Post comments to share your thoughts and interact with me. Communication from you inspires me to keep posting !