Chart Patterns

BPCL – DAILY CHART (DOUBLE BOTTOM PATTERN) In this case double bottom formed at 256 level and neckline is formed at 312 level. But breakout happened on circled candle (see the volume which is more than 5-6 times then normal…

OI Data Analysis

MCLEODRUSSEL – DAILY Just see the sudden huge volume in OI on 13th Feb’14 as compare to previous days. If we see the price chart it is trading at support level for last 14 days. It presume that accumulation was…

OI Data Analysis

SSLT – DAILY OI data showing drastically change in OI on 21st Feb’14 as compare to previous days. OI is increased more than 6-7 times on single day and price is going down continuously. It seems more and more shorts…