Today (2nd April 2014) our Technical Analysis has
figured out one of the stocks from Pharmaceuticals sector named Sun Pharma.
Here are some reasons
which we have collected on Sun Pharma: -
1] Following is the tested Trendline
from 16th December 2013 to 2nd April 2014.
2] Decreasing volumes and increase in volumes .You can see in the below
zoomed charts when the stock was in a downtrend the volumes are decreasing and
when stock was in uptrend volumes are comparatively higher than previous one.
3] Stochastics is in oversold territory
and %K crossing %D.
4] RSI is also looking positive direction.
If you are interested do buy our course learn
trading step by step. You can see a sample video of the same from here
See syllabus for Technical analysis training in
Mumbai, India.
Please read our disclaimers before investing http://tradingkamai.blogspot.in/p/disclaimer.html
No comments:
Post a Comment