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IGCW
India Capital Growth Fund Ltd
Weekly Commentary

Our system posted HOLD . The previous BUY recommendation that was confirmed was made on 31.12.2009 (244) days ago, when the stock price was 2.6300 . Since then IGCW has fallen -28.52% .

A Warning is in order! The previous BUY signal failed. Downward momentum now reached to intolerable levels.

You can either wait for a new bullish alert or sell the stock immediately. It is up to you. We owe you an apology.

You can play the short side assuming all risk if you want to. Our stance, however, is currently neutral in this matter.

 
HOLD
1.8800
0.0000 0.00%
Candlestick Analysis
Intraweek Candlestick:
Doji

Candlestick Pattern


An intraweek Doji was formed. This shows indecision about the direction of the market and it represents a tug-of-war between buyers and sellers.
For more about this candlestick click here.


 
 
Stock Quote
Intraweek Close 1.8800
Previous Weekly Close 1.8800
Previous Weekly Open 1.8800
Change 0.0000
% Change 0.00%
Volume 5,000
 
Stock Activity
Week's Open 1.8800
Intraweek High 1.8800
Intraweek Low 1.2500
20-Week Close M.A. 1.8800
50-Week Close M.A. 2.1784
20-Week Volume M.A. 33,096
 

Two-Year Signal History
Date          Price   Signal £100
Became
31.12.09 2.630    Buy 371
29.05.09 3.750    Sell 371
24.04.09 1.500    Buy 148
14.11.08 5.750    Sell 148
24.10.08 5.750    Buy 148
19.09.08 11.500    Sell 148
08.08.08 7.750    Buy 100
23.05.08 26.750    Sell 100



 
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