Monday, November 26, 2012

Rel cap

Good Morning,
                        Rel cap is showing a bullish divergence along with a breakout. The stock is also about to make a Bullish crossover on MACD.

Have a nice day :)

Tuesday, November 20, 2012

Analysis on Apollo Tyres

Apollo Tyres is making a falling wedge pattern along with a bullish divergence forming, from a long days.  Still we haven’t seen any reversal candle forming; I expect 77rs will be a good support for this stocks. 89(Neckline of H&S) can cause some upside hurdle. The stock is looking good, the stock have a potential to move at least 12% within 3-4 months

Falling wedge pattern

A Bullish Divergence


Friday, November 2, 2012

An analysis on Pantaloon Re

The key things that are attractive for me are as follows:
  • MACD cross-over
  • Divergence in RSI
  • Breakout in price level
Conclusion:  If we see this stock crossing 196 we can see this stock heading towards 226 which will yield around  12% to 15% profit.