INDIAN STEEL INDUSTRY :
INDIAN STEEL INDUSTRY
TECHNICAL ANALYSIS :
TECHNICAL ANALYSIS PATTERN IDENTIFIED-
SMALLER UPPER SHADOW & BIG LOWER SHADOW
DOJI IN MID AUGUST 2011
HANGER AUGUST END 2011
SPINNING TOP IN MID SEPTEMBER 2011
EMA & BOLLINGER BAND :
In Bollinger bands we look for W-Bottom where the second low is lower than the first, but holds above the lower band which we can see in this case. This indicates onset of a bullish pattern.
In this case we can see that the prices are moving close to lower band and hence the market is oversold. This also results in further price fall which can be seen here. EMA & BOLLINGER BAND
FINONACCI RETRACEMENT METHOD :
FINONACCI RETRACEMENT METHOD
PHARMACEUTICAL INDUSTRY :
PHARMACEUTICAL INDUSTRY CANDLE STICK ANALYSIS SUN PHARMA
Fibonacci Retracement :
Fibonacci Retracement