Technical Investor Check on HEG Limited (HEG.NS)

Technical Investor Check on HEG Limited (HEG.NS)

Investors and traders continue to monitor technical levels of shares of HEG Limited (HEG.NS). A frequently used tool among technical stock analysts is the moving average. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a certain period of time. Moving averages can be very helpful for identifying peaks and troughs. They may also be used to assist the trader figure […]

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Investors are Watching Technical Levels on Shares of Castrol India Limited (CASTROLIND.NS)

Investors are Watching Technical Levels on Shares of Castrol India Limited (CASTROLIND.NS)

Castrol India Limited (CASTROLIND.NS) has a 14-day Commodity Channel Index (CCI) of -8.01. The CCI technical indicator can be used to help figure out if a stock is overbought or oversold. CCI may also be used to assist with the discovery of divergences that could possibly signal reversal moves. A CCI closer to +100 may provide an overbought signal, and a CCI near -100 may offer an oversold signal. Tracking […]

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Stock Checkup on HDFC Bank Limited (HDFCBANK.NS)

Stock Checkup on HDFC Bank Limited (HDFCBANK.NS)

When applying indicators for technical analysis, traders and investors might want to check out the ATR or Average True Range. The current 14-day ATR for HDFC Bank Limited (HDFCBANK.NS) is currently sitting at 20.88. The ATR basically measures the volatility of a stock on a day-to-day basis. The average true range is typically based on 14 periods and may be calculated daily, weekly, monthly, or intraday. The ATR is not considered […]

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MOREPEN LABORATORIES LTD. (MOREPENLAB.BO) Quick Review of the Numbers

MOREPEN LABORATORIES LTD. (MOREPENLAB.BO) Quick Review of the Numbers

MOREPEN LABORATORIES LTD. (MOREPENLAB.BO) presently has a 14-day Commodity Channel Index (CCI) of 101.85. The CCI was created to typically stay within the reading of -100 to +100. Traders may use the indicator to determine if a stock is trending or to spot overbought/oversold conditions. A CCI reading above the +100 level would suggest that the stock is overbought and possibly primed for a correction. On the other hand, a […]

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Reading Between The Lines on ELECTROSTEEL STEELS LTD. (ESL.BO)

Reading Between The Lines on ELECTROSTEEL STEELS LTD. (ESL.BO)

Taking a look at the numbers, ELECTROSTEEL STEELS LTD. (ESL.BO) has a 14-day Commodity Channel Index (CCI) of 126.88. The CCI technical indicator can be used to help determine if a stock is overbought or oversold. CCI may also be used to help discover divergences that could possibly signal reversal moves. A CCI closer to +100 may provide an overbought signal, and a CCI near -100 may offer an oversold […]

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