Stock Technical indicators to notice in Octav Investments Limited (OCTAV.NS)
1- Last bearish trend was from 20.65 $ (12/29/2009) to 19.80 $ (12/30/2009) a 0.85 $ move 2- The current bullish trend started from 19.80 $ at 12/30/2009 and is currently trading at 24.00 $.
Octav Investments Limited (OCTAV.NS) Short term stock chart patterns for internet stock trading :
4- The Stock formed a 2.300 $ height triangle which was broken up at 20.500, target of the pattern is 22.800.
Octav Investments Limited (OCTAV.NS) Mid term stock chart patterns for internet stock trading :
5- The Stock was resisted by a resistance line, identified by two points: 22.600 and 26.050 that was broken up at 22.450 transforming into a supporting line.
Octav Investments Limited (OCTAV.NS) Long term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 22.600 and 26.050 that was broken up at 22.450 transforming into a supporting line.
Stock Trading Conclusion:
Octav Investments Limited (OCTAV.NS) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .
Stock Resistance Levels : .
Stock Support levels : 23.01, 22.40, 21.90, 21.40, 19.80, 19.44, -5.86,.
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