Thursday, February 28, 2013

YES BANK LTD ANALYSIS 28 FEB

It is Yes Bank 5 yrs weekly chart showing supports and resistances and a bullish divergence in it after that it goes up.

It is 1 yr daily chart showing the higher highs (PC) and lower highs (RSI) means bearish divergence and now it is going down.
I don't find anything else in it so properly
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1 comment:

  1. UnknownMarch 4, 2013 at 9:28 PM

    Dear Friends,
    As suggested by our Sh Sanjivji, I analysed Cera Sanitaryware.
    Kly offer yr opinion.
    Detailed ananlysis are being sent by email.
    Cheers
    Vivek Seth

    Cera Sanitaryware – Analysis and Action
    (Mar 4, 2013)
    Conclusion:
    1) RSI is not showing any signal
    2) MACD is negative – Bearish
    3) MACD is above signal line – Buy signal
    4) +DI/-DI/ADX) are showing bearish trends
    5) However, since Feb 12 to Mar 3, Closing Price has increased from Rs 405 to 417 and lies between the PP (Rs 417) and S4 (Rs 399)
    6) Price should stabilise at the PP (Rs 417)
    7) However, we need a price up-trend indication in the next few days and the RSI to show a bullish trend.
    8) Further, resistance is likely at the R4 (Rs 437)..
    Strategy and Action
    1) If RSI shows bullish signal
    2) Buy 25 shares with a stop-loss at 2% below the buy price
    3) Increase by 25 shares as prices increase keeping stop-loss at 2% below the average buy price

    ReplyDelete

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