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Search Stock |
Not Updated since
3/9/2010
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5/9/2010
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ORICON ENTRP ORD TS (Bombay)
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Daily Commentary
Our system posted a
BUY CONFIRMED
today.
The previous
SELL
recommendation was issued on
08.26.2010 (8) days ago, when
the price was 358.6500. Since then ORICON.BO
has fallen
-1.00%
.
BUY-IF
is confirmed by
a white candlestick with a higher open. The
buying price is today's open (
351.70
) according to the Rules
of Confirmation.
The recent bullish formation leading to the BUY-IF signal is confirmed today. The market is ready for a new bullish move. It opened today with a gap-up and the day’s activity resulted in a close higher than the open. This is one of our valid confirmation criteria.
We hope that you bought this . You should watch the upward gap in the opening, wait a bit, feel the bullish tendency of the market making sure that prices stay over the opening price and then go long. Your benchmark was the opening price of the upward gap.
If you bought, continue to hold this until the confirmation of the next SELL-IF signal. You are on safe grounds as long as the future prices continue to trade above the benchmark price. What to do if you did not buy? Maybe, you did not have time to follow the session or you simply delegated the delicate job of confirmation to us. Well it is a bit late, but not too late. You may still find suitable prices for buying in the following sessions.
The market is currently cold for short-sellers. Avoid any short sales and cover the short positions immediately if there are any.
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Candlestick Analysis
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Today’s Candlestick Patterns:
White Spinning Top
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Today
a
White Spinning Top
was formed.
This represents complete indecision between the bulls
and the bears.
For more about this candlestick click
here.
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Stock Quote
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| Day's Close |
355.05
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| Previous Close |
348.65
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| Previous Open |
352.00
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| Change |
+6.4000
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| % Change |
+1.84%
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| Volume |
675
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Stock Activity
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| Day's Open |
351.70
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| Day's High |
356.90
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| Day's Low |
348.00
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| 20-Day Close M.A. |
370.00
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| 50-Day Close M.A. |
375.28
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| 65-Day Volume M.A. |
879
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Two-Year
Signal History
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Date
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Price
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Signal
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INR 100
Became
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03.09.10
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351.70
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Buy
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1,642
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26.08.10
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358.65
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Sell
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1,642
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16.08.10
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382.85
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Buy
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1,753
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09.08.10
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380.30
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Sell
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1,753
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23.06.10
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386.30
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Buy
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1,780
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01.06.10
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386.60
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Sell
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1,780
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20.04.10
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353.20
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Buy
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1,626
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13.04.10
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346.10
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Sell
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1,626
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08.04.10
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347.90
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Buy
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1,635
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05.04.10
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338.00
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Sell
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1,635
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17.03.10
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340.90
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Buy
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1,649
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05.03.10
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351.00
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Sell
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1,649
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03.03.10
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348.00
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Buy
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1,635
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24.02.10
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349.80
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Sell
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1,635
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23.12.09
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241.45
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Buy
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1,128
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14.12.09
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242.80
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Sell
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1,128
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25.11.09
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206.00
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Buy
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957
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23.11.09
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196.15
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Sell
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957
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30.10.09
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159.85
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Buy
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780
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14.10.09
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167.00
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Sell
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780
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01.10.09
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157.00
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Buy
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734
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08.09.09
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147.50
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Sell
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734
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24.08.09
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124.00
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Buy
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617
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19.08.09
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120.25
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Sell
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617
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13.07.09
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90.150
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Buy
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462
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08.07.09
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92.000
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Sell
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462
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30.06.09
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81.800
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Buy
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411
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23.06.09
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100.10
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Sell
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411
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12.05.09
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23.800
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Buy
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98
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20.04.09
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21.950
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Sell
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98
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15.04.09
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21.000
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Buy
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94
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23.03.09
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22.500
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Sell
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94
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16.03.09
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20.200
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Buy
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84
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06.03.09
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22.150
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Sell
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84
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08.12.08
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25.000
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Buy
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95
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24.10.08
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44.600
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Sell
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95
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17.10.08
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36.400
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Buy
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77
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15.10.08
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40.100
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Sell
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77
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13.10.08
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40.000
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Buy
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77
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29.09.08
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42.500
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Sell
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77
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21.08.08
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55.100
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Buy
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100
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Disclaimer |
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