Technical PicksChartists make use of Technical Analysis to make decisions. Post technical picks here! However, do note that these picks are the opinions of the posters and should not be taken as a recommend to trade.
» Stock Profit/Loss Calculator
Find out exactly how much you'll make (or lose) with our stock calculator!
blitz is right TA is a long journey and will involve lots of reading,research and experience. chartnexus.com is a good place to start. they offer a free charting program, TA courses and seminars (both paid and free) and a lot of good reading on the subject. go check it out
Note -
The Stock Has A Strong Support At 16.3 Levels And Has Seen A Up Move Three Times From That Level.the Points S4 , S2 , S3 And S4 Which Are In The Same Straight Line Have Provided Support To The Script. People Holding Any Positions Should Keep A Tight Stop Loss At 15.5 To 16.2 Levels..
The 14 Day Moving Average Is Also Acting As A Strong Resistance For The Stock. Any Move Above It With A Decisive Volume Would Be Considered As A Breakout.
Note -
The Yellow Line Is The 20 Day Moving Average (dma). Whenever The Stock Price Dips Below The 20 Day Moving Average , Some Buying Is Seen Which Brings It Back Above The 20 Dma. This Shows That The 20 Dma Acts As A Good Support To The Stock. Since The Stock Is Trading Below Its 20 Dma , Some Buying Can Be Done With A Stop Loss Of 30.50
Note -
Macd And Stochastic Are Two Indicators Which Gives A Signal Either To Buy Or To Sell.in Both The Indicators , When The Red Line Is Above The Blue Line , A Sell Signal Is Given And When The Blue Line Moves Above The Red Line , A Buy Signal Is Given.
The 200 Day Moving Average (dma) Is Acting As A Strong Resistance To The Stock While The 30 Dma Is Providing Support To The Stock. Therefore , The Price Of The Script Can Move To The 30 Dma Which Is 11.1
If The Price Moves Below The 30 Dma Or Above The 200 Dma With Huge Volumes Then Lagre Movements Could Be Seen In That Direction .
People Holding Positions Should Keep A Stop Loss Below The 30 Dma.
SingaporeStocks.com.sg provides forums for discussion where investors and traders can share information with each other and in so doing become better investors. The information and data made available on this Website including facts, views, advice, analyses, opinions and recommendations of individuals and organisations are for general information purposes only. Read our Terms & Conditions and General Disclaimer & Warning on using the website. Singapore Web Hosting by Vodien Internet Solutions.