MARKET ANALYSTS' FACEBOOK CORNER
Thursday, February 28, 2013
TATA COFFEE ANALYSIS 28 FEB
Tata coffee one year daily chart:
It is showing higher highs(PC) and lower highs(RSI) means Bearish divergence. And after it falls.
Second one is higher lows(PC) and lower lows(RSI) means Positive divergence.
Now look at it again carefully!
You will find that it is now going to make a lower low(PC) and higher low(RSI) means bullish divergence. Hence its price is going up in near future.
I am just using divergence and support-resistance level to analyzing any stock these days.
Tuesday, February 26, 2013
NESTLE INDIA ANALYSIS 25 FEB
It is NESTLE INDIA 5 YR. WEEKLY CHART...
We can see a trend line and support-resistance level here.
Now watch Nestle india 5 yrs daily chart...
there you can see a H&S pattern and also a trend line.
Now look at 1 yr daily chart...
here FIRST indicator is for NEGATIVE DIVERGENCE.
SECOND is for BEARISH DIVERGENCE.
THIRD is a form of H&S PATTERN.
I don't find any buy opportunity for Nestle india.
Monday, February 25, 2013
WELCOME!!
This blog is created by me only to stay connected with our members of ACSM batch.
We can share our analysis here and support each other in getting success.
Thank you....
We can share our analysis here and support each other in getting success.
Thank you....
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