Century Textiles and Industries has broken the upper band of Bollinger Bands. For quite some time it was consolidating in the range of 300-310 and it managed to break out of the zone with volumes. It has a small resistance in the form of 100 day moving average. The RSI has touched the 60 mark and if it manages to sustain above 60 then it will move into a bullish...
LUPIN HAS BEEN AN OUTPERFORMER IN THE PAST FEW WEEKS. IT HAS GAINED BY 68% FROM IT'S LOWS, WHICH IS DOUBLE THE GAIN THAN THE NIFTY50 INDEX. MY ANALYSIS IS BASED ON WEEKLY TIME FRAME OF THE CHART. TECHNICALLY, THIS STOCK CAN PERFORM WELL EVEN AFTER POSTING AND PERFORMING SO WELL AND OUTPERFORMING CONTINUOUSLY. THE TECHNICAL INDICATORS ARE : 1. IT HAS A VERY...
NIFTY PHARMA HAS BEEN THE OUTPERFORMER IN THIS RALLY, AND IT MIGHT OUTPERFORM FOR THE COMING 18-24 MONTHS AS EVERYONE WILL BE LOOKING FORWARD TO THE VACCINE. NIFTY PHARMA HAD WIDELY UNDERPERFORMED IN THE PAST YEARS MAINLY DUE TO THE INTRODUCTION OF US FDA AND ITS REGULATIONS. SHORT TERM VIEW FOR NIFTY PHARMA - POSITIVE 1. NIFTY PHARMA IS POISED FOR A FURTHER...