Is There Momentum to IDFC Bank Limited (IDFCBANK.NS)

Is There Momentum to IDFC Bank Limited (IDFCBANK.NS)

Investors are keeping a close eye on levels of IDFC Bank Limited (IDFCBANK.NS). The Average Directional Index or ADX is a technical analysis indicator used to describe if a market is trending or not trending. The ADX alone measures trend strength but not direction. Using the ADX with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) may help determine the direction of the trend as well as the […]

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Following the Needle on Mahanagar Telephone Nigam Ltd (MTNL.BO): Technical Watch on the Shares

Following the Needle on Mahanagar Telephone Nigam Ltd (MTNL.BO): Technical Watch on the Shares

Mahanagar Telephone Nigam Ltd (MTNL.BO) currently has a 14 day Williams %R of -840.00. In general, if the level goes above -20, the stock may be considered  to be overbought. Alternately, if the indicator goes under -80, this may signal that the stock is oversold. The Williams Percent Range or Williams %R is a technical indicator that was developed to measure overbought and oversold market conditions. The Williams %R indicator […]

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Investor Barometer: Signal watch on Oil and Natural Gas Corporation Ltd (ONGC.NS)

Investor Barometer: Signal watch on Oil and Natural Gas Corporation Ltd (ONGC.NS)

Oil and Natural Gas Corporation Ltd (ONGC.NS)’s Williams Percent Range or 14 day Williams %R is currently at -52.48. In general, if the reading goes above -20, the stock may be considered  to be overbought. Alternately, if the indicator goes under -80, this may show the stock as being oversold. The Williams Percent Range or Williams %R is a technical indicator that was developed to measure overbought and oversold market […]

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Checking on the Technicals For Tata Power Co. Ltd. (TATAPOWER.BO)

Checking on the Technicals For Tata Power Co. Ltd. (TATAPOWER.BO)

Traders are taking a closer look at shares of Tata Power Co. Ltd. (TATAPOWER.BO) of late. The 14-day RSI is presently at 61.51, the 7-day is at 71.95, and the 3-day is resting at 85.29. The Relative Strength Index (RSI) is one of various popular technical indicators developed by J. Welles Wilder. Wilder introduced RSI in his publication “New Concepts in Technical Trading Systems” which was released in 1978. RSI […]

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Is GMR Infrastructure Limited (GMRINFRA.BO) Ready for a Breakout?

Is GMR Infrastructure Limited (GMRINFRA.BO) Ready for a Breakout?

Investors may be looking at some different technical levels in order to get a better grasp on the markets. Presently, the 14-day ADX for GMR Infrastructure Limited (GMRINFRA.BO) is 31.43. In general, an ADX value from 0-25 would signal an absent or weak trend. A level of 25-50 would indicate a strong trend. A value of 50-75 would indicate a very strong trend, and a value of 75-100 would indicate […]

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