Stock Tracker: Looking at the Levels on Shares of Sri Krishna Constructions (India) Ltd (SKC.BO)

Stock Tracker: Looking at the Levels on Shares of Sri Krishna Constructions (India) Ltd (SKC.BO)

After a recent technical review, shares of Sri Krishna Constructions (India) Ltd (SKC.BO) have a 200-day moving average of 81.25. The 50-day is 126.19, and the 7-day is sitting at 162.77. Using a wider time frame to assess the moving average such as the 200-day, may help block out the noise and chaos that is often caused by daily price fluctuations. In some cases, MA’s may be used as strong […]

Read More ˃
Stock Under Scrutiny: MANGALAM CEMENT LTD. (MANGLMCEM.BO)

Stock Under Scrutiny: MANGALAM CEMENT LTD. (MANGLMCEM.BO)

Investors are taking another look at shares of MANGALAM CEMENT LTD. (MANGLMCEM.BO). The Relative Strength Index (RSI) is one of multiple popular technical indicators created by J. Welles Wilder. Wilder introduced RSI in his book “New Concepts in Technical Trading Systems” which was published in 1978. RSI measures the magnitude and velocity of directional price movements. The data is represented graphically by fluctuating between a value of 0 and 100. […]

Read More ˃
Market Corner: Eye on Technicals For HIMALYA INTERNATIONAL LTD. (HIMIN.BO)

Market Corner: Eye on Technicals For HIMALYA INTERNATIONAL LTD. (HIMIN.BO)

Many technical traders will be taking a look at different indicators to help figure out where shares may be heading. At the time of writing, HIMALYA INTERNATIONAL LTD. (HIMIN.BO) has a 14-day Commodity Channel Index (CCI) of 181.73. Although the indicator uses the term commodity, CCI can be translated to use on other investment tools such as stocks. The CCI was developed to typically stay within the -100 to +100 […]

Read More ˃
Technical Indicator Scrutiny For UCO BANK (UCOBANK.BO)

Technical Indicator Scrutiny For UCO BANK (UCOBANK.BO)

Investors have been giving some added attention to shares of UCO BANK (UCOBANK.BO). Looking at the Relative Strength Index, the 14-day RSI is presently standing at 41.29, the 7-day is 34.92, and the 3-day is resting at 45.17. The Relative Strength Index (RSI) is one of multiple popular technical indicators created by J. Welles Wilder. Wilder introduced RSI in his book “New Concepts in Technical Trading Systems” which was published in […]

Read More ˃
Investor Watch: Numbers in Review For CANARA BANK (CANBK.BO)

Investor Watch: Numbers in Review For CANARA BANK (CANBK.BO)

Investors are paying close attention to shares of CANARA BANK (CANBK.BO). A popular tool among technical stock analysts is the moving average. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a specific period of time. Moving averages can be very useful for identifying peaks and troughs. They may also be used to help the trader figure out proper support and […]

Read More ˃
Looking for a Catalyst: What Are the Technicals Saying About FDC LTD. (FDC.BO)?

Looking for a Catalyst: What Are the Technicals Saying About FDC LTD. (FDC.BO)?

The Relative Strength Index (RSI) is a highly popular momentum indicator used for technical analysis. The RSI can help display whether the bulls or the bears are currently strongest in the market. The RSI may be used to help spot points of reversals more accurately. The RSI was developed by J. Welles Wilder. As a general rule, an RSI reading over 70 would signal overbought conditions. A reading under 30 […]

Read More ˃
Stock Review: Trading Signals in Focus For HINDUSTAN ZINC LTD. (HINDZINC.BO)

Stock Review: Trading Signals in Focus For HINDUSTAN ZINC LTD. (HINDZINC.BO)

Taking a glance from a technical standpoint, HINDUSTAN ZINC LTD. (HINDZINC.BO) presently has a 14-day Commodity Channel Index (CCI) of -104.66. Typically, the CCI oscillates above and below a zero line. Normal oscillations tend to stay in the range of -100 to +100. A CCI reading of +100 may represent overbought conditions, while readings near -100 may indicate oversold territory. Although the CCI indicator was developed for commodities, it has […]

Read More ˃