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Monday 11 July 2011

Nifty Junior Stocks weakly bearish

Stocks when prices are below 200 MA but above 50 MA shows that there is medium term bullishness due to higher highs registered by the counter. Slight grey area stocks which may get hite at 200 MA level, so one has to look for break down below 50 MA or sell on rises till a clear long term bullishness arises.

See if there is dip due to stock splits when prices may be well below 200 MA. Explanations on heat map and stock analysis methods are here.



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