Blogs Posts on "On-balance Volume"

Stock Chart Pattern - Hero Honda Ltd (An Update) by Stock Market and Mutual Fund Investments in India on Nov 4, 2009Seven months back, when the rest of the market was trying to emerge out of a long bear phase, the stock chart pattern of Hero Honda Ltd was in a full-blown bull phase, looking overbought after moving up from 630 (in Jul '08) to almost 1100 (in Mar '0...

Stock Chart Pattern - Unitech Ltd (An update) by Stock Market and Mutual Fund Investments in India on Oct 21, 2009The stock chart pattern of Unitech Ltd was almost down for the count in end Mar '09, groggily raising its head above the 20 day EMA - after making a bottom at 22 in Nov '08 from a high of 547 in Jan '08. A whopping fall of 96%, from which most stocks...

Stock Chart Pattern - SpiceJet by Stock Market and Mutual Fund Investments in India on Oct 14, 2009Before starting the technical analysis of the stock chart pattern of SpiceJet (a reincarnation of ModiLuft), I need to clarify why I'm writing about a stock from the airline sector that is in perennial doldrums worldwide. The airline industry in Ind...

Stock Chart Pattern - State Bank of India (An update) by Stock Market and Mutual Fund Investments in India on Oct 7, 2009When I analysed the stock chart pattern of State Bank of India back in Mar '09, it had dropped from its peak of 2396 made on Jan 14 '08 to a low of 894 on Mar 9 '09 - a 63% drop, matching the fall of the Sensex. It had bounced up to the 1000 level w...

Stock Chart Pattern - 3i Infotech Ltd by Stock Market and Mutual Fund Investments in India on Sep 30, 2009The stock chart pattern of 3i Infotech Ltd looks a little different from other stocks that have been analysed recently. It made a high of 165 back in May '07 (actually 330, but adjusted for the subsequent 1:1 bonus). The bears attacked almost immedia...

Stock Chart Pattern - Suzlon Energy Ltd (An update) by Stock Market and Mutual Fund Investments in India on Sep 23, 2009The previous analysis of the stock chart pattern of Suzlon Energy was done more than 6 months ago when the stock market was near its nadir. It is time for an update - more so because the stock is back in the news, thanks to a 5% sale of the promoter'...

Stock Chart Pattern - ICI India Ltd (An Update) by Stock Market and Mutual Fund Investments in India on Sep 9, 2009The stock chart pattern of ICI India was analysed 6 months back, when the BSE Sensex was near its nadir. A cash rich company with generous dividend payments and steady growth, it has enhanced share holder value by divesting unrelated businesses and u...

Stock Chart Pattern - JK Lakshmi Cement by Stock Market and Mutual Fund Investments in India on Jul 16, 2009The stock chart pattern of JK Lakshmi Cement shows that it is one of those resilient stocks that are not too bothered by the gyrations of the BSE Sensex index. The cement sector has not been a great favourite of mine. The large investments needed f...

Stock Chart Pattern - Great Eastern Shipping by Stock Market and Mutual Fund Investments in India on Jul 15, 2009Before I start discussing about the stock chart pattern of Great Eastern Shipping, I would like to thank reader Abhijit for suggesting this particular stock. I have long admired the performance of Great Eastern Shipping. Fundamentally strong, with v...

Stock Chart Pattern - Indraprastha Gas by Stock Market and Mutual Fund Investments in India on Jul 2, 2009One look at the stock chart pattern of Indraprastha Gas should convince any one that chasing questionable stocks in search of mythical multi-baggers is a waste of time and money, when strong well-managed company stocks are available at reasonable pri...