Technical Analysis

Technical indicators are useful tools for analysing the market. However, interpreting technical indicators is not an easy task. The result is highly dependent on the length of the historical data used. For example, a 5-day-moving-average may present a very different picture compared to a 10-day-moving-average. Usually, certain indicators work particularly well with certain securities.

At 5Paisa.Com, you will find a comprehensive guide on various popular technical indicators, including their past performance for each individual stock. You will be able to identify indicators that work well for each security, as well as poor indicators which may cause you to lose money.

To determine how well each of the following indicators work for this security, please click on the link "Is this a good indicator?".

Simple Moving Average (SMA)
Is this a good indicator?
50-Day-SMA	Rs. 165.582
The current price, Rs.151.20, is 8.69 percent below its 50-day moving average. It has been trending down.
Moving Average Convergence Divergence (MACD)
Is this a good indicator?
10-25-Day-MACD	-3.131
5-Day-MACD-Signal-line	-2.065
The MACD value (the difference between the 10-day and 25-day moving average of price) has remained below its 5-day moving average(the signal line). According to this indicator, the security price has a downward trend.

Relative Strength Indicator (RSI)
Is this a good indicator?
10-Day-RSI	31.1

Stochastic Oscillator
Is this a good indicator?
12-Day-K-line (fast stochastic)	4.3
8-Day-D-line (slow stochastic)	15.9
The slow stochastic oscillator has remained in the oversold region (less than 20). The security price may have reached an excessively low level and may soon rise to a more realistic level.

Moving Average Envelopes
Is this a good indicator?
20-Day-EMA with 12-percent-channel-width
Resistance(Overbought) Level	Rs. 181.588
Support(Oversold) Level	Rs. 142.677

Bollinger Bands
Is this a good indicator?
20-Day-SMA with 1.5-std-dev-channel-width
Resistance(Overbought) Level	Rs. 174.099
Support(Oversold) Level	Rs. 154.601
The current price, Rs.151.20, has just fallen below the oversold level. It may have reached an excessively low level and may soon rise to a more realistic level.