Wednesday, February 16, 2011 10:33:33 PM
SIFY 2.78 - Breakout Watch, Annotated Daily Candlesticks
Bullish pennant with support at 2.49 and resistance at 3.02.
Watch for RSI to bounce near the 50.
MACD needs to bounce and maintain positive trend.
Wm%R above 50 is very strong bullish indicator, watching for a bounce on or above the 50.
ADX and +DI > 40 and -DI < 40.
TRIX crossover imminent.
Bullish pennant with support at 2.49 and resistance at 3.02.
Watch for RSI to bounce near the 50.
MACD needs to bounce and maintain positive trend.
Wm%R above 50 is very strong bullish indicator, watching for a bounce on or above the 50.
ADX and +DI > 40 and -DI < 40.
TRIX crossover imminent.
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