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    SAPM

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    Nikhil Dash
    The document analyzes whether to hold, buy, or sell shares of Hero Honda stock on August 2, 2011 based on its price trends from August 2, 2010 to August 1, 2011. Technical analysis of the stock's price graph, RSI, MACD, and Bollinger bands indicate that at certain points it would be ideal to buy or sell, but on August 1, 2011 there were no clear signals, so it is recommended to hold the current shares or not buy additional shares.

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    SAPM

    Uploaded by

    Nikhil Dash
    42 views2 pages
    The document analyzes whether to hold, buy, or sell shares of Hero Honda stock on August 2, 2011 based on its price trends from August 2, 2010 to August 1, 2011. Technical analysis of the stock's price graph, RSI, MACD, and Bollinger bands indicate that at certain points it would be ideal to buy or sell, but on August 1, 2011 there were no clear signals, so it is recommended to hold the current shares or not buy additional shares.

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    The document analyzes whether to hold, buy, or sell shares of Hero Honda stock on August 2, 2011 based on its price trends from August 2, 2010 to August 1, 2011. Technical analysis of the stock's price graph, RSI, MACD, and Bollinger bands indicate that at certain points it would be ideal to buy or sell, but on August 1, 2011 there were no clear signals, so it is recommended to hold the current shares or not buy additional shares.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    42 views2 pages

    SAPM

    Uploaded by

    Nikhil Dash
    The document analyzes whether to hold, buy, or sell shares of Hero Honda stock on August 2, 2011 based on its price trends from August 2, 2010 to August 1, 2011. Technical analysis of the stock's price graph, RSI, MACD, and Bollinger bands indicate that at certain points it would be ideal to buy or sell, but on August 1, 2011 there were no clear signals, so it is recommended to hold the current shares or not buy additional shares.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
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    Name: NIKHIL KUMAR DASH, Roll No.

    : 10202011, Sec A, SAPM


    COMPANY: - Hero Honda STOCK: - Values of stock from 2-Aug-2010 to 1-Aug-2011 were taken. ANALYSIS:-Whether to Hold/Buy/Sell the stock on 2-Aug-2011 as per trend obtained from technical analysis.

    At point A the fluctuating curve cuts the smooth curve from below & both are going up. So, at that point we can buy shares whereas at point B its the reverse. We can sell at point B ideally. But on 1-Aug-2011 since there is no such event. So we should hold if we have the share or not buy otherwise (Graph plotted from 25th Oct to 1-Aug-2011).

    In the RSI of last 14 days, we can see that at point A the share is overbought. So we should sell the share because after that it will fall whereas at point B the share is oversold. So we should buy as the price of the share will increase afterward. But on 1-Aug-2011 RSI is between 70 & 30 we should ideally hold if we have the share or not buy otherwise.

    Source: http://www.bseindia.com/stockinfo/stockprc.aspx Page 1

    At point A MACD (fluctuating curve) cuts Signal Line (smooth curve) from below & both are going up. So we should buy the share at that point whereas at point B its the reverse. Ideally we can sell at point B. But on 1-Aug-2011 since there is no such event. So we should hold if we have the share or not buy otherwise (Graph plotted from 17-Sept-2010 to 1-Aug-2011).

    At point A the share is near UBB i.e. overbought so we should sell the share, At point B the share is near LBB (oversold) so we should buy. But on 1-Aug-2011 it is in between. So on 1Aug-2011 the share is within the Bollinger band, so ideally we should hold if we have the share or not buy otherwise.

    Source: http://www.bseindia.com/stockinfo/stockprc.aspx Page 2

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