Technical analysis of stocks

What is technical analysis?: Technical analysis is a set of analysing the price trends of stock or stock market using the historical price charts and many other charts based on various formulae. Few of the major indicators used are: RSI, MACD, Bollinger Bands, CCI, Stochastic Oscillator etc. You can find a exaustive coverage at http://www.stockcharts.com/education/

short term bets .: medium term bets .: long term trends .: whats hot? .: general rules .: Indian stock market . Home contact us .: directory .: Discussion forums .: Technical analysis .: Markets today .: Buy-New .: visits

Technical analysis	.::
Bombay stock exchange sensex: 18-02-2005
The above screenshot of 14 day RSI for Bombay Stock Exchange 30 share index, SENSEX shows that the Sensex is trading at higher levels. But the uptrend is still not yet complete and we can still see a uptrend if no major negetive news arives. The sensex may test the lower levels at 6510 where it has a very good support level. We expect SENSEX to make a new high at 6825 over a short period.

Bombay stock exchange sensex:

RSI chart of sensex The chart of price and RSI values of the sensex shown here suggests a clear correction in sensex values. The 14 day RSI of SENSEX has reached a top and taken a U turn. Venturing into markets at these levels may be of high risk and low gain proposition. We advice oneself to take utmost caution while making investment decisions. We suggest one to book profits and wait for a drop in prices of A group stocks.

Visit These Sites - Stock Guide Forums | Stock Market Guide | Indian stocks

repair credit - repair my credit now utilizes the v credit process in repair to ensure you have the most accurate up to date service in the nation