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Showing posts from December, 2009

techtrends

Nifty Medium Term -Positive After entering into the over bought region it has come back to the average level. The MACD and the charts both suggests an upward trend in the medium term Short Term - Positive A trend reversal is expected since it has already reached the bottom of oversold region and MACD is signaling an upward trend which is about to set in a matter of few days PSL Medium Term - Positive The price is strongly moving however it is quite near to the overbought region so even if the price rises for a few days it is expected to correct itself in the coming trading sessions Short Term - Negatiive The price has shown a sudden jump the only caution over here is that it has entered into an overbought region so for a couple of days we might see a downward movement in the stock price Educomp Solutions Medium Term - Positive The stock has moved down for quite a long time, however a trend reversal is seen which might lift up the prices in the coming trading sessions Short Term - Posi...