Indian Stock Market

[BlueBookStockGuide]

SIA-Charts Daily Alert Service Pick for today=PANACEABIO.BO : Very Bullish as of this morning : Besides having a superman show up, which happens when the stock goes 5% above its 100 day moving average. We also have a super cross show up which means that the 50 day moving average has broken above the 100 day moving average, which is also very bullish and means that buyers are coming in big time.

[futechh]

i would like to invest on the improving market.. so, the important point to notice on the company is reputation. reputation makes money

[dixitx]

Market Moved higher Today:
Due to expiry date of October series most of the stocks closed on settled position. Market bounced and traded on both highest and lowest ranges.
Market moved higher in today’s trading session, 50 stock index Nifty touched high at 5715.05, ended above 5700.00 gained 0.39%.
Mahindera & Mahindera, IDFC, HDFC, Hero Motocorp, GAIL was Top Nifty gainers, Dr Reddy’s lab, PNB, SBIN, Bank of Baroda were nifty losers Today.
Auto sector leading companies Mahindera & Mahindera, Hero motocorp, BajajAuto are up, Maruti, TATA Motors are down on Nifty index. stock Future Tips

[BlueBookStockGuide]

The chart for MIRC Electronic is very bearish as the skull and crossbones are in full force as the 50 day moving average continues its downward slope and is still moving below its 100 day moving average. The market price attempted to break this pattern as it broke 5% above its 100 day (red line) and signaled a Superman but unfortunately this was a false signal and the stock has resumed its downward pattern.

[BlueBookStockGuide]

Sia-Chart is very bearish for Reliance Communications as the skull and crossbones are ruling the day. Back in May a short signal was given as the 50 day moving average broke below the 100 day moving average.

[BlueBookStockGuide]

SIA-Chart for Deccan Chronicle Holdings (DCHL.BO)

Chart is very bearish as skull and crossbones are ruling the day and has been a short since March when death cross happened as 50 day moving average crossed below its 100 day moving average with no sign of relief coming.