out the door and on the stairs
Acting as the Technical analyst it old school runescape gold becomes my prime #RR0807hew responsibility to read the charts exhaustively and to tap the regular features and patterns being displayed by it in the due course and suggest some good share investment. However, the currently the market doesn't seems to be feasible enough to take up any calls and in the near future also. Even if you would have gone through my S Nifty Analysis Report I had laid down my expectation to even go down till 5090 levels. The situation doesn't appear to be sanguine enough to put forth any kind of a long term bet in the equity stocks. In such a complex and critical situation there is a likely possibility that any long term bet can go awry, hence our role as the analyst majorly becomes more responsible to ensure that they may not lose out on their hard earned money.
BCS opened Tuesday at $16.41, which was just above the prior twin highs of $16.34 and $16.38Next support is now at $15.08 with more important support at $14.75, line a. A close below this level will confirm a daily topThe uptrend, line b, is now in the $14 areaThe RS line has formed lower highs over the past two months, and a drop below support at line c would be consistent with a topMore important RS line support is at line dDaily OBV is still above its uptrend, line f, and did make marginally higher highs, line e, on MondayOnce above $16.41, there is further resistance at the July 2011 high of $17.19What It Means: It is a good idea for all investors to keep an eye on the volume levels of the stocks in their portfolio. Whenever daily volume is more than double the 30-day average, it is providing the investor with information that should not be ignored.
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