26-Jul-2006 MACD-Positive CrossOver

#1
MACD Positive Cross Over
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VOLTAS - Headed 850?
STCINDIA - Headed 138?
EMCO - Headed 480?
PATELENG - Headed? Can anyone tell pls? Probably 308!


RSI OverSold
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SAELTD - Probably Changing Trend?
KECINFRA - RSI Yesterday 19 today 26. Is it changing Trend?
BEML - Still headed down? 775? Can one start accumulating from here?

I am "Testing" my Technical Analysis Skills, So please help with your suggessions.
 
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#3
Hey tanewbie,

U R true a picture is worth thousand words, n that looks pretty goood. Can u plz share the afl for that. I hope u will.

Gaurav
 
#4
tanewbie said:
A Picture says 1000 words!
see chart of voltas attached.
Thanks.
Does that mean Voltas will find resistance near 870-871 levels?

Any idea on BEML?
Yesterday it was not too volatile. But the MACD chart suggests further slide.
 

kenneth

Well-Known Member
#7
BEML Showing early signs of reversal. Low of the day has gone below BBbands and closed above. Stochastoics both 5,5,3, (5.7) and 15,3,3 (3.8) have crossed their MA.on the same day.

Ken
 
#8
kenneth said:
BEML Showing early signs of reversal. Low of the day has gone below BBbands and closed above. Stochastoics both 5,5,3, (5.7) and 15,3,3 (3.8) have crossed their MA.on the same day.

Ken
Thank you so much. So I'll buy some stock of BEML will let the forum know what happened to the trade.

Thanks again:)
 

kenneth

Well-Known Member
#9
Voltas

Has touched a high of 830 and is trading below 819. Probably may not touch 850 this time . If it closes below 790 it may come down to 753-742-731 and then can reach your target of 850 or 870 whatever.

ken
 
#10
kenneth said:
Voltas

Has touched a high of 830 and is trading below 819. Probably may not touch 850 this time . If it closes below 790 it may come down to 753-742-731 and then can reach your target of 850 or 870 whatever.

ken
OK. Bought some numbers of BEML at 824 lets see, I'll hold for 4-5 days.
Thanks for ur suggession.
 

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