Tuesday, March 18, 2014

Where will CESC go? (Technical Analysis Mumbai India Trading).

Today (18th March 2014) Technical Analysis has scanned out one of the stocks from Power Generation and Distribution sector named CESC.

Due to following reasons it is in our stock-pick list : -
1] Strong Trendline from 31st January2014 to 18th March 2014.

2] Stochastic showing in oversold Territory. 

 

3] Positive RSI: Here in the following image you can see that RSI is moving in a upward direction.
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