{"id":241508,"date":"2012-11-27T10:47:50","date_gmt":"2012-11-27T05:17:50","guid":{"rendered":"http:\/\/stockviz.biz\/index.php\/?p=241508"},"modified":"2012-11-27T10:47:51","modified_gmt":"2012-11-27T05:17:51","slug":"analysis-crompgreav","status":"publish","type":"post","link":"https:\/\/stockviz.biz\/index.php\/2012\/11\/27\/analysis-crompgreav\/","title":{"rendered":"Analysis: CROMPGREAV"},"content":{"rendered":"

Today\u2019s pick is [stockquote]CROMPGREAV[\/stockquote]. The stock has seen a lot of ups and downs in the past one year. For the first half of the year, the stock was in a downtrend till it reached the 110 levels which is a strong support level for the stock. The stock recently touched the same levels, and has just started moving upwards. In the last three months, the stock moved 4% against 5% as that of Nifty\u2019s. <\/p>\n

\"stock\"<\/a> <\/p>\n

Oscillators RSI<\/a> and CMO<\/a> are at currently at 47 and 13 are close to the over-sold territory. <\/p>\n

MACD<\/a> line has just cut signal line in a bullish manner, suggesting a near term bull run for the stock. <\/p>\n

The long-term GMMA<\/a> lines are very close to each other and are unable to suggest any direction. The short-term lines have just seen a reversal, giving out a bullish sign again for the near-term. <\/p>\n

\"cor\"<\/a> <\/p>\n

CROMPGREAV\u2019s average correlation<\/a> of 0.54 with the Nifty<\/a> is positive. The stock will be able to replicate the movements of Nifty. [stockquote]NIFTYBEES[\/stockquote] <\/p>\n

\"vol\"<\/a> <\/p>\n

CROMPGREAV has a historical volatility<\/a> in the range of 0.4 to 0.9. The scrip\u2019s volatility is currently in the lower end of the range and hence is not a concern. <\/p>\n

Looking at these technicals a short-term buy <\/b>is suggested. A longer-term<\/b> call could be made after a decisive fanning out of the GMMA long-term lines or breaking of resistance at 140 levels. <\/p>\n

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