Monday, October 10, 2016

Three Indices outperforming Nifty October 10, 2016

Nifty Energy is getting its lift from movement of crude, among other factors.
Let us look at some stocks which can be bought on declines and accumulated for good gains in the medium to long term...
 Monthly RSI has crossed 50 and is getting into bull zone. Good buy on declines.
 Monthly RSI is showing  positive divergence.RSI has entered positive zone. Once 115 is taken out, stock can boom.

Has broken the long term resistance on daily charts. RSI is in positive zone.We expect Reliance to lead Nifty in the next bull run. Good buy on every decline.


Tekkiesuresh said...

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Unknown said...

Hi ,Sueshji can you tell about Aban ?

Tekkiesuresh said...

Hi Rajesh,
Please check the latest blog post.