Saturday, August 13, 2011

Desi MO (McClellan's oscillator for NSE) at EOD 12th Aug 2011


3 comments:

Vtrender said...

Thanks RM.

McClellan is well off the lows.It's jumped up quite a bit from the -113 reading on 9th.

Anonymous said...

http://timesofindia.indiatimes.com/business/india-business/SBI-Q1-net-down-by-253-at-Rs-25124cr/articleshow/9590565.cms

any guesses what impact will this news have on tuesday opening? :-)

Anonymous said...

What matters is not the "actual earnings", but the earnings relative to expectations:

http://indiaearnings.moneycontrol.com/sub_india/compnews.php?autono=576445

The actual earnings are "much better" than what was general consensus.

I say SBI gaps up 3% or more (unless of course the US markets crap out - look at that spike down on SBI on Friday middle of day - they ran stops of *all* the bulls who bought this stock recently)