TECHNICAL BULLISH & BEARISH; TREND UP & TREND DOWN; OVER BOUGHT & OVER SOLD
|Technical Bullish||Technical Trending Up||Technical Overbought|
|Jindal Steel||Stride Shasun||CARE Rating|
|JK Infra Project||JSW Steel||GVK Power|
|TVS Motors||Suntech Realty||Vedanta|
|Ashok Leyland||Automotive Axles||Stride Shasun|
|Century Enka||JSW Energy||Venkys|
|Axis Bank||SAIL||JSW Steel|
|Sharda Corp||ABAN||Suntech Realty|
|Sadbhav Engg||Nestle||Ambuja Cement|
|Chambal Fertilizers||PI Industries||Mannapuram Finance|
|Dish TV||Muthoot Finance||mercator|
|Jindal Poly||PowerGrid||Kansai Nerolac|
|Parag Milk||Jubliant Food||Jet Airways|
|Jagran Prakash||HOEC||EIH Hotels|
|Technical Bearish||Technical Trending Down||Technical Oversold|
|Indigo||Shriram Transport||Apollo Tyres|
|Reliance Defense||Shriram City union||Castrol|
|Sun Pharma||Engineers India|
|GSK Consumer||Container Corp|
|Kotak Mahindra Bank|
Stocks are termed TECHNICAL BULLISH & BEARISH; TREND UP & TREND DOWN; OVER BOUGHT & OVER SOLD based on CCI Oscillator.
CCI is a versatile momentum oscillator that can be used to identify overbought/oversold levels or trend reversals. The indicator becomes overbought or oversold when it reaches a relative extreme.
Any stock that moves with Fundamental support will move better and faster be it on the upside or downside.
Some really good Fundamental stocks tend to correct post good results.
Note for short term and long term Investors: Book profits in technically overbought stocks only if the fundamental of the stock is weak because any stock that has posted strong numbers will keep showing strength until all oscillators and technical charts show weakness. Same holds on the downside.
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