{"id":343911,"date":"2013-02-26T09:51:12","date_gmt":"2013-02-26T04:21:12","guid":{"rendered":"http:\/\/stockviz.biz\/index.php\/?p=343911"},"modified":"2013-02-26T10:00:37","modified_gmt":"2013-02-26T04:30:37","slug":"analysis-bajajhldng","status":"publish","type":"post","link":"https:\/\/stockviz.biz\/index.php\/2013\/02\/26\/analysis-bajajhldng\/","title":{"rendered":"Analysis: BAJAJHLDNG"},"content":{"rendered":"

Today\u2019s pick is BAJAJHLDNG [stockquote]BAJAJHLDNG[\/stockquote]. The stock hurried to to Rs. 800 point in 15 days at the start of the year. It then hovered around the level until September before a bullish breakout of the range. Since then the stock has been on an up-trend and saw its 52 week high of Rs. 1050 in January. In the last three months, the stock has moved +10%<\/strong><\/b> vs. a flat Nifty.<\/p>\n

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

Oscillator RSI<\/a> and CMO<\/a> are in no man\u2019s land. The stock is trading in the middle of a very narrow Bollinger band<\/a> not giving any short-term directional <\/b>bias. Short-term technicals saw a 4×9 bullish<\/b> cross-over.<\/p>\n

The MACD<\/a> line and signal line are moving very close to each other without giving any directional bias. Also, Long-term and short-term GMMA<\/a> lines can be seen contracting, unable to give any direction to the stock. The stock is again moving in a range.<\/p>\n

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

BAJAJHLDNG\u2019s average correlation<\/a> with the Nifty<\/a> is -0.01<\/b> which is negative<\/b>. The scrip will not be replicating movement of Nifty. [stockquote]NIFTYBEES[\/stockquote]<\/p>\n

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

BAJAJHLDNG has a historical volatility<\/a> in the range of 0.2 to 1.0. The scrip\u2019s volatility is currently in the lower end of the range.<\/p>\n

Given these technicals, we suggest a short-term Sell. <\/b>A long-term buy<\/strong> would be a good idea given the trend-line in place. However, It is suggested to have broad trailing stop-losses<\/a> to capture the upside in case sudden trend-reversal were to take place.<\/p>\n

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Open a StockViz Demat Account today!<\/a><\/div>\n
\"call<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Today\u2019s pick is BAJAJHLDNG [stockquote]BAJAJHLDNG[\/stockquote]. The stock hurried to to Rs. 800 point in 15 days at the start of the year. It then hovered around the level until September before a bullish breakout of the range. Since then the stock has been on an up-trend and saw its 52 week high of Rs. 1050 … <\/p>\n","protected":false},"author":4,"featured_media":344201,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[745,815],"class_list":["post-343911","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-your-money","tag-bajajhldng","tag-technical-analysis","entry"],"_links":{"self":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/343911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/comments?post=343911"}],"version-history":[{"count":0,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/343911\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media\/344201"}],"wp:attachment":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media?parent=343911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/categories?post=343911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/tags?post=343911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}