Thursday, December 8, 2011

Status of Scrips I Follow


Scrips
Signal
Bata India
Possible breakdown of bear flag. Lead indicator turning down as well. Trend indicator still in sell mode. Cross over is negative. Prices are approaching 200ema.  
VIP Industries
Technically getting damaged. Below 200ema and still no signs of downward momentum abating and then forming a base
TTK prestigte
Lead indicator is in sell mode and trend indicator is turning down
Kajaria
Lead indicator says overbought at 100ema after a strong V shaped bounce and trend indicator histogram is turning down
Arvind
Sold off from from 100ema and now at 200ema. Not overbought and trend indicator is in buy mode as well
Bajaj
Lead indicator says overbought – trend indicator is in buy mode
Mahindra
Formed a bear flag and selling off from 100ema fast drop set up is possible
Tata motors
Lead indicator says overbought and tells to sell. Trend indicator possibly turning down
Hindalco
Doji star formation at overbought levels with trend indicator turning down near 100ema  
ACC
Possible double top made. Overbought says lead indicator and trend indicator may turn down. Crossover set up stays positive
KFA
Volume is dying in pullbacks. Possibility to go higher but the volume has to come in
JSW
Lead indicator says overbought and trend indicator turning down
HUL
Lead indicator says its overbought and trend indicator is in sell mode
HCC
No clear set ups
HDIL
Oversold and no signs of base building
IDBI
Possible break down from the bear flag now with fast fall set up
IVRCL
Lead indicator says overbought with trend indicator showing little movement
Ambuja cements
Possible double top with the lead indicator saying overbought
DLF
Sells off from 200ema with overbought condition
JPA
Sells off from 100ema with overbought conditions and coupled to fast fall set up
HCL
Selling off from 100ema and overbought conditions
Idea
Sell mode approaching 200ema
Rcom
Overbought, at resistance and high volume sell off
Jubilant
Selling off from overbought conditions
Havells
Doji at overbought conditions
GSFC
Approaching oversold conditions with trend indicator in sell and closed at 100ema
PNB
Overbought and possible fast fall set up
SBIN
Overbought and trend indicator histograms turning down
NIFTY
Tata steel
Overbought and trend indicator turning down. Fast fall set up possible
Pantaloon retail
Lead indicator is in sell and trend indicator may turn into sell mode. Negative crossover possible
Shoppers stop
Sell mode. No trend
DB realty
Possible base formation
Lovable
Overbought with fast fall set up
Dish TV
Overbought and selling off. Fast fall set up in the making  
Lanco Infra
Possible base formation
Gati
Possible bear flag in the making and at overbought levels
Sintex
Approaching overbought levels
Titan
No long set up
Pipavav
Approaching overbought levels and fast fall set up. V shape bounce from technically damaged charts
DCB
Overbought coupled with fast fall set up
Delta Corp
Bear flag in the making and breaking down
Balkrishna Industries
Stage 4 stock hence possible distribution
Future ventures
No trend
Agre developers
No trend
ITC
Fast fall set up at overbought conditions and selling off
Gitanjali Gems
Approaching overbought conditions now


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