{"id":264637,"date":"2013-01-01T11:12:17","date_gmt":"2013-01-01T05:42:17","guid":{"rendered":"http:\/\/stockviz.biz\/index.php\/?p=264637"},"modified":"2013-01-01T11:17:38","modified_gmt":"2013-01-01T05:47:38","slug":"analysis-bhartiartl","status":"publish","type":"post","link":"https:\/\/stockviz.biz\/index.php\/2013\/01\/01\/analysis-bhartiartl\/","title":{"rendered":"Analysis: BHARTIARTL"},"content":{"rendered":"

Today\u2019s pick is BHARTIARTL [stockquote]BHARTIARTL[\/stockquote]. The stock began 2012 with a nick of an uptrend, which ended with the stock touching its 52-week high of Rs. 400 in February. This was then followed by a correction to Rs. 250 levels seen in September. The stock has since been on an up-trend. In the last three months, the stock has moved +18%<\/strong><\/b> vs. +4% of the Nifty\u2019s. <\/p>\n

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

Oscillators RSI<\/a> and CMO<\/a> are in no-man\u2019s land. However, the short-term technical flashed a 4×18 bullish<\/strong> cross-over for the scrip yesterday followed by a long-term golden cross on the 28th<\/sup> of December giving a prominent bullish<\/strong> sign for the scrip. <\/p>\n

The MACD<\/a> line that just started moving up towards the signal line, along with the rise in histogram levels, is suggesting an imminent bullish<\/strong> move. Also, long-term GMMA<\/a> lines are experiencing an expansion giving out a bullish<\/strong> signal for the scrip. <\/p>\n

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

BHARTIARTL\u2019s average correlation<\/a> with the Nifty<\/a> is 0.48 is positive. The scrip will be replicating the movement of Nifty. [stockquote]NIFTYBEES[\/stockquote] <\/p>\n

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

BHARTIARTL has a historical volatility<\/a> in the range of 0.4 to 0.7. The scrip\u2019s volatility currently is in the middle of the range. <\/p>\n

To conclude, given these technicals, the stock is both a short-term and long-term BUY<\/b>. <\/p>\n

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