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
-
NIFTY Daily Candlestick Chart Analysis 9000 was an important point for NIFTY as mentioned in the previous post. At this point, NIFTY c...
-
ICICI Bank Daily NSE Stock Chart Technical Analysis: ICICI walked sideways today after a big gap-up yesterday. The market made a dou...
-
STATE BANK OF INDIA Daily NSE Stock Chart Technical Analysis: SBI began its fall in early November 2010, and has been continuously fall...
-
Airtel has just breached its 4-month support line and price channel. The stock is oversold and may bounce back. If market continues to go...
-
NIFTY Daily Chart Technical Analysis: NIFTY fell again today after showing a rise yesterday. Close & CMP: 5691 Market Outlook: It ...
No comments:
Post a Comment
Post comments to share your thoughts and interact with me. Communication from you inspires me to keep posting !