Above is the weekly chart of jubilant food works the stock future closed the day 1371.35 on 02 September 2014, the stock is highly bullish as from chart above one can clearly see the horizontal channel it has been trading in since march 2012. Now yet again the price is at its resistance level.
Petronet LNG closed strong day on day bullish, with an outside bar bullish reversal candle on weekly charts. The stock is in strong momentum month on month and is be up 6 continuous months this year.
SELMCL Montly Charts SELMCL is oscillating between the 5 EMA(High-Low) Montly bands since April 2009 and gave a buy signal(as shown in green arrow on the montly chart) on last Dec 31,2009 with huge spike in volume and also trading above the 5 EMA(High) Montly for the ver first time . Earlier attepmt to close above 5 EMA(high) had […]
Stock : Aban Offshore CMP : Rs 437 13 WEMA : Rs 457 34 WEMA : Rs 1006 Charts : 3 Year Weekly Almost all the Oil Sector related stocks are making breakouts and trading above 200 Weekly Moving average (e.g Reliance, Essar Oil, MRPL, GAIL and even ONGC is nearing 200 WMA). […]