As requested by a reader named Max. I did some charting on Indoagri as it is showing a puzzling weakness today. Do be reminded that whatever I had posted, it is not an advisory. It is just to share how a good TA analysis works with its hits and misses. Trend: Sideways, 20ma flat, MacD [...]

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Trend: Uptrend, 20ma up, MacD above 0 Support: 1.02, 0.955 – 0.98 (Rising window & 20ma), 0.91 (50 & 100ma close) Resistance:1.09, 1.17 Observations Candlestick – Gravestone Doji. Histogram – 4Rs. No Bearish Divergence. RSI – At 70%. Turning out of overbought. No Bearish Divergence. Stochastic – No Bullish Crossover yet. Bollinger Band – In [...]

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