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Showing posts with label EMCO. Show all posts
Showing posts with label EMCO. Show all posts

Saturday, January 29, 2011

Saturday, November 06, 2010

Saturday, July 31, 2010

Friday, June 04, 2010

EMCO Ltd


EMCO Ltd

EMCO


Investors with short-term trading perspective can buy the stock of Emco. The stock is moving in a band between Rs 75 and Rs 105 since last June. Within this band, the stock was in a downtrend since January 18 that halted at the key medium term support of Rs 74 towards the end of May. A short-term uptrend is in progress since this low that has taken the stock beyond the key resistance at Rs 82. The stock opened with an upward gap on Thursday and moved up accompanied by strong volumes.

The daily moving average convergence divergence oscillator is on the verge of signalling a buy and the 10-day rate of change oscillator is attempting to move above the zero line in to the bullish zone. These oscillators imply that the near term view on the stock is positive and the uptrend can sustain. The stock can move higher to Rs 87 or Rs 92 in the days ahead. Short term investors can buy the stock with stop at Rs 81.

via BL

Monday, May 31, 2010

Tuesday, February 02, 2010

Wednesday, October 28, 2009

Monday, June 01, 2009

Saturday, December 20, 2008

Wednesday, March 19, 2008

Thursday, October 25, 2007

Tuesday, July 03, 2007