{"id":244198,"date":"2012-11-30T11:30:29","date_gmt":"2012-11-30T06:00:29","guid":{"rendered":"http:\/\/stockviz.biz\/index.php\/?p=244198"},"modified":"2012-11-30T11:30:29","modified_gmt":"2012-11-30T06:00:29","slug":"analysis-wstcstpaper","status":"publish","type":"post","link":"https:\/\/stockviz.biz\/index.php\/2012\/11\/30\/analysis-wstcstpaper\/","title":{"rendered":"Analysis: WSTCSTPAPER"},"content":{"rendered":"

Today\u2019s pick is [stockquote]WSTCSTPAPR[\/stockquote]. For most part of the year the stock was range-bound between 40 to 60 levels. Starting Sep it saw a breakout of the resistance at 60 levels and since, it has been on a constant up-trend. The stock is currently trading at its 52-week high. In the last three months, the stock moved 118% against 9% as that of Nifty\u2019s. <\/p>\n

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

Oscillators RSI<\/a> and CMO<\/a> are at currently at 65 and 41 are closing in towards the over-bought 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 and short-term GMMA<\/a> lines are spread out and are both suggesting a bullish move for the scrip. <\/p>\n

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

WSTCSTPAPR\u2019s average correlation<\/a> of 0.52 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

WSTCSTPAPR has a historical volatility<\/a> in the range of 0.4 to 1.6. The scrip\u2019s volatility is currently in the middle of the range. <\/p>\n

Looking at these technicals the stock is short-term and long-term buy<\/b>. <\/p>\n

Disclaimer: I hold this stock in my portfolio.<\/em> <\/p>\n

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