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retracement

A reversal in the movement of a stock's price counter to the prevailing trend.

News On retracement
Sell RM Seed June contract near Rs 3575: Sharekhan

15-05-2013| Source:Moneycontrol.com

left. Traders can sell on rise near the Rs 3575 level, which is the daily upper Bollinger Band and the 61.8 percent retracement level.

Mkt giving conflicting signals; stay out for now: Jai Bala  

03-05-2013| Source:CNBC-TV18

for the Bank Nifty now post policy?A: 12,960, is quite obvious and very critical. I think yesterdays high is also a perfect Fibonacci retracement point. There is a good possibility that it will go back to test

NCDEX Chana may test 3551-3628: Sharekhan

03-05-2013| Source:Moneycontrol.com

Sharekhan has come out with its report on Chana. According to the research firm, for the last two trading sessions NCDEX Chana has been closing positive. Feel that the retracement will continue upto

Nifty has support at 5940-5950: R K Global

03-05-2013| Source:Moneycontrol.com

R K Global has come out with its technical report on Nifty. According to the research firm, as Nifty closed above crucial resistance of 5970 so if market retraces from here on, 5940-5950 would act

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