Date

3-Jan-11
4-Jan-11
5-Jan-11
6-Jan-11
7-Jan-11
10-Jan-11
11-Jan-11
12-Jan-11
13-Jan-11
14-Jan-11
17-Jan-11
18-Jan-11
19-Jan-11
20-Jan-11
21-Jan-11
24-Jan-11
25-Jan-11
27-Jan-11
28-Jan-11
31-Jan-11
1-Feb-11
2-Feb-11
3-Feb-11
4-Feb-11
7-Feb-11
8-Feb-11
9-Feb-11
10-Feb-11
11-Feb-11
14-Feb-11
15-Feb-11
16-Feb-11
17-Feb-11
18-Feb-11
21-Feb-11
22-Feb-11
23-Feb-11
24-Feb-11
25-Feb-11
28-Feb-11
1-Mar-11
3-Mar-11
4-Mar-11
7-Mar-11
8-Mar-11
9-Mar-11

ICICI Close Price

1143.6
1104.1
1070.1
1053.05
1048
1014.3
1023.2
1068.9
1027.4
1010.55
1000.7
1011
1023.5
1050.8
1065.85
1083.9
1038.3
1016.95
1017.05
1020
993.4
1008.7
1030.15
996.5
980.3
951.1
957.65
961.5
1001.6
1032.2
1053.05
1053.15
1057.95
1025.65
1037.95
1027.8
1008.15
953.45
987.3
971
1025.95
1017.6
1016.35
1007.7
1020.85
1033.55

No.of Shares
221420
615734
547478
475008
683998
951192
783924
1133387
1503561
739126
523810
690463
532677
612942
597840
1541511
1313909
674721
840299
699632
776567
505740
515655
523254
545376
840449
731153
545881
549698
363513
451927
229212
390809
580507
432786
457381
335646
708671
549688
1004623
855793
831000
479739
416895
375048
542093

Bse Index
20561.05
20498.72
20301.1
20184.74
19691.81
19224.12
19196.34
19534.1
19182.82
18860.44
18882.25
19092.05
18978.32
19046.54
19007.53
19151.28
18969.45
18684.43
18395.97
18327.76
18022.22
18090.62
18449.31
18008.15
18037.19
17775.7
17592.77
17463.04
17728.61
18202.2
18273.8
18300.9
18506.82
18211.52
18438.31
18296.16
18178.33
17632.41
17700.91
17823.4
18446.5
18489.76
18486.45
18222.67
18439.65
18469.95

Moving Average 7days

1065.192857
1054.521429
1043.564286
1035.057143
1027.578571
1022.292857
1023.607143
1027.55
1027.114286
1035.185714
1039.15
1041.471429
1042.335714
1041.835714
1033.635714
1025.471429
1017.792857
1011.821429
1006.585714
997.1642857
988.2571429
983.7
982.6857143
982.9785714
991.0571429
1001.464286
1016.728571
1026.442857
1037.364286
1041.107143
1037.671429
1023.442857
1014.035714
1001.614286
1001.657143
998.75
997.1142857
997.05
1006.678571
1013.285714

10-Mar-11
11-Mar-11
14-Mar-11
15-Mar-11
16-Mar-11
17-Mar-11
18-Mar-11
21-Mar-11
22-Mar-11
23-Mar-11
24-Mar-11
25-Mar-11
28-Mar-11
29-Mar-11
30-Mar-11
31-Mar-11
1-Apr-11
4-Apr-11
5-Apr-11
6-Apr-11
7-Apr-11
8-Apr-11
11-Apr-11
13-Apr-11
15-Apr-11
18-Apr-11
19-Apr-11
20-Apr-11
21-Apr-11
25-Apr-11
26-Apr-11
27-Apr-11
28-Apr-11
29-Apr-11
2-May-11
3-May-11
4-May-11
5-May-11
6-May-11
9-May-11
10-May-11
11-May-11
12-May-11
13-May-11
16-May-11
17-May-11
18-May-11

1014.25
1007.5
1018.85
996.45
1026.6
1012.5
1003.8
1006.1
1003.35
1041.05
1052.85
1090.85
1099.35
1099.25
1107.25
1112.75
1102.7
1119.3
1110
1100.5
1102.3
1098
1098.7
1128.05
1101.3
1082.2
1090.2
1111.3
1117.25
1113.1
1121.05
1107.35
1117.55
1114.25
1098.2
1067.9
1058.1
1028.3
1081.35
1082.5
1074.95
1075.45
1055
1075.7
1057.45
1039.5
1032.4

320298
334686
292564
395284
576338
558926
246012
214255
458475
954531
313644
702392
698336
479397
255672
475451
295104
343425
328814
294299
392849
370686
302472
577667
458451
414317
368280
380103
181672
307849
457887
488591
1778564
498717
309722
838143
478789
404905
839225
240049
222773
245933
235405
475179
222315
340511
310830

18327.98
18174.09
18439.48
18167.64
18358.69
18149.87
17878.81
17839.05
17988.3
18206.16
18350.74
18815.64
18943.14
19120.8
19290.18
19445.22
19420.39
19701.73
19686.82
19612.2
19591.18
19451.45
19262.54
19696.86
19386.82
19091.17
19121.83
19470.98
19602.23
19584.31
19545.35
19448.69
19292.02
19135.96
18998.02
18534.69
18469.36
18210.58
18518.81
18528.96
18512.77
18584.96
18335.79
18531.28
18345.03
18137.35
18086.2

1019.464286
1016.828571
1017.007143
1014.164286
1016.864286
1015.671429
1011.421429
1010.257143
1009.664286
1012.835714
1020.892857
1030.071429
1042.478571
1056.114286
1070.564286
1086.192857
1095
1104.492857
1107.228571
1107.392857
1107.828571
1106.507143
1104.5
1108.121429
1105.55
1101.578571
1100.107143
1101.392857
1104.142857
1106.2
1105.2
1106.064286
1111.114286
1114.55
1112.678571
1105.628571
1097.771429
1084.521429
1080.807143
1075.8
1070.185714
1066.935714
1065.092857
1067.607143
1071.771429
1065.792857
1058.635714

19-May-11
20-May-11
23-May-11
24-May-11
25-May-11
26-May-11
27-May-11
30-May-11
31-May-11
1-Jun-11
2-Jun-11
3-Jun-11
6-Jun-11
7-Jun-11
8-Jun-11
9-Jun-11
10-Jun-11
13-Jun-11
14-Jun-11
15-Jun-11
16-Jun-11
17-Jun-11
20-Jun-11
21-Jun-11
22-Jun-11
23-Jun-11
24-Jun-11
27-Jun-11
28-Jun-11
29-Jun-11
30-Jun-11
1-Jul-11
4-Jul-11
5-Jul-11
6-Jul-11
7-Jul-11
8-Jul-11
11-Jul-11
12-Jul-11
13-Jul-11
14-Jul-11
15-Jul-11
18-Jul-11
19-Jul-11
20-Jul-11
21-Jul-11
22-Jul-11

1030.5
1044.25
1006.55
1019.35
1009.95
1025.65
1069
1073.45
1086
1085.05
1051.4
1048.8
1057.95
1055.8
1049.35
1046
1034.95
1039.35
1055.2
1033.05
1028.5
1031.45
1025.2
1014.35
1019.55
1030.85
1065.25
1078.25
1083.05
1087.15
1093.1
1094.7
1099.1
1097.1
1075.35
1089.55
1060
1054.05
1047.1
1054.1
1068.9
1060.05
1048.5
1060.85
1044.4
1041.1
1068.3

233815
346360
383720
408970
255004
212832
365147
278833
254811
231882
314142
195347
194000
258493
249603
300473
246905
334617
275697
148613
346519
303234
307991
346151
295984
247843
413932
433417
308951
592618
309933
256653
465548
1303695
213390
542981
366050
215587
294618
138146
291600
153424
491624
293400
230226
193746
178820

18141.4
18326.09
17993.33
18011.97
17847.24
18044.64
18266.1
18232.06
18503.28
18608.81
18494.18
18376.48
18420.11
18495.62
18394.29
18384.9
18268.54
18266.03
18308.66
18132.24
17985.88
17870.53
17506.63
17560.3
17550.63
17727.49
18240.68
18412.41
18492.45
18693.86
18845.87
18762.8
18814.48
18744.56
18726.97
19078.3
18858.04
18721.39
18411.62
18596.02
18618.2
18561.92
18507.04
18653.87
18502.38
18436.19
18722.3

1052.285714
1047.828571
1040.907143
1032.857143
1026.071429
1024.092857
1029.321429
1035.457143
1041.421429
1052.635714
1057.214286
1062.764286
1067.378571
1065.492857
1062.05
1056.335714
1049.178571
1047.457143
1048.371429
1044.814286
1040.914286
1038.357143
1035.385714
1032.442857
1029.614286
1026.135714
1030.735714
1037.842857
1045.214286
1054.064286
1065.314286
1076.05
1085.8
1090.35
1089.935714
1090.864286
1086.985714
1081.407143
1074.607143
1068.178571
1064.15
1061.964286
1056.1
1056.221429
1054.842857
1053.985714
1056.014286

25-Jul-11
26-Jul-11
27-Jul-11
28-Jul-11
29-Jul-11
1-Aug-11
2-Aug-11
3-Aug-11
4-Aug-11
5-Aug-11
8-Aug-11
9-Aug-11
10-Aug-11
11-Aug-11
12-Aug-11
16-Aug-11
17-Aug-11
18-Aug-11
19-Aug-11
22-Aug-11
23-Aug-11
24-Aug-11
25-Aug-11
26-Aug-11
29-Aug-11
30-Aug-11
2-Sep-11
5-Sep-11
6-Sep-11
7-Sep-11
8-Sep-11
9-Sep-11
12-Sep-11
13-Sep-11
14-Sep-11
15-Sep-11
16-Sep-11
19-Sep-11
20-Sep-11
21-Sep-11
22-Sep-11
23-Sep-11
26-Sep-11
27-Sep-11
28-Sep-11
29-Sep-11
30-Sep-11

1074.2
1040.6
1024.75
1017.55
1037.75
1043.65
1021.9
1001.8
993.1
966.1
952.1
940.95
963.6
942.4
939.8
935.15
910.55
864.75
833.15
850.9
852
841.8
834.6
820.15
858.1
873.25
887.2
881.35
889.45
896.8
919.3
896.4
861.75
853.8
866.65
875.85
880.95
859.65
882.45
901.45
863.6
844.65
856.45
887.4
868.95
889.65
875.35

228555
490104
394982
216877
787474
190165
279925
520158
366030
496890
481532
938906
365492
328179
523575
324676
882574
913623
843399
440586
554658
554905
489089
692279
310818
328792
364954
258524
577093
317861
470983
363653
427996
382502
558345
505593
664387
381750
296023
527877
562082
471139
509261
383871
369927
393845
442012

18871.29
18518.22
18432.25
18209.52
18197.2
18314.33
18109.89
17940.55
17693.18
17305.87
16990.18
16857.91
17130.51
17059.4
16839.63
16730.94
16840.8
16469.79
16141.67
16341.7
16498.47
16284.98
16146.33
15848.83
16416.33
16676.75
16821.46
16713.33
16862.81
17065
17165.54
16866.97
16501.74
16467.44
16709.6
16876.54
16933.83
16745.35
17099.28
17065.15
16361.15
16162.06
16051.1
16524.03
16446.02
16698.07
16453.76

1056.771429
1053.992857
1050.6
1044.414286
1043.464286
1043.828571
1037.2
1026.857143
1020.071429
1011.692857
1002.342857
988.5142857
977.0785714
965.7214286
956.8642857
948.5857143
940.65
928.1714286
912.7714286
896.6714286
883.7571429
869.7571429
855.3928571
842.4785714
841.5285714
847.2571429
852.4428571
856.6357143
863.4428571
872.3285714
886.4928571
891.9642857
890.3214286
885.55
883.45
881.5071429
879.2428571
870.7214286
868.7285714
874.4
875.8
872.6571429
869.8857143
870.8071429
872.1357143
873.1642857
869.4357143

Moving Average 30 days

1027.658065
1024.740323
1023.251613
1021.817742
1021.330645
1020.679032
1020.480645
1018.230645
1015.598387
1013.779032
1014.275806
1014.820968
1014.993548
1014.483871
1013.517742
1012.475806

1010.229032
1009.235484
1009.296774
1008.632258
1008.845161
1009.46129
1009.303226
1008.527419
1008.748387
1010.708065
1013.990323
1018.287097
1022.733871
1025.883871
1028.304839
1030.230645
1031.829032
1033.808065
1036.529032
1038.546774
1040.95
1043.848387
1048.533871
1053.074194
1057.277419
1059.091935
1061.433871
1064.496774
1068.030645
1071.006452
1073.829032
1076.832258
1080.382258
1083.459677
1086.741935
1088.074194
1089.545161
1090.335484
1092.762903
1095.316129
1096.409677
1097.13871
1095.982258
1095.219355
1093.870968
1091.685484
1089.093548

1086.764516
1084.343548
1081.006452
1078.38871
1075.409677
1073.075806
1072.117742
1070.356452
1069.862903
1069.954839
1068.703226
1066.687097
1064.774194
1062.925806
1060.612903
1058.633871
1055.969355
1053.553226
1052.166129
1051.041935
1050.087097
1050.18871
1048.377419
1046.179032
1044.391935
1042.953226
1043.283871
1043.366129
1044.191935
1045.729032
1047.687097
1049.758065
1051.527419
1054.448387
1056.254839
1058.822581
1059.930645
1059.448387
1058.598387
1057.569355
1057.048387
1057.327419
1057.317742
1057.41129
1057.043548
1056.777419
1057.496774

1058.762903
1058.803226
1057.820968
1057.320968
1057.619355
1058.012903
1057.906452
1057.501613
1056.648387
1054.559677
1050.909677
1046.480645
1042.627419
1037.958065
1033.012903
1027.866129
1021.783871
1014.28871
1006.475806
998.7774194
992.0677419
985.2209677
978.366129
970.8193548
964.0193548
957.9935484
952.7903226
947
942.0016129
937.3467742
932.5403226
926.8048387
921.0354839
915.5209677
910.6532258
905.4306452
900.1822581
894.9483871
891.0983871
888.1419355
884.8354839
881.3693548
878.6435484
876.1854839
873.816129
872.1983871
870.2693548

ICICI Close Price

1400

1200

1000

800

600

400

200

0
3-Jan-11

3-Feb-11

3-Mar-11

3-Apr-11

3-May-11

3-Jun-11

Patterns : During Jan to Feb we see a Head and Shoulder Top (HST) pattern. The HST formation represents a bearish development,
it is a sell signal.
During Feb to Mar we see there is Inverse Head and Shoulder Top (IHST) pattern. The IHST formation represents a bul
expected. Hence it is a buy signal.
During Mar to April we see a Flag and Pennant pattern. It typically signifies pause after which the previous price
During April to May we see a Double Top and a Triangle pattern. Double Top represents a bearish development and tr
During May to June we see a Double Bottom followed by a Triangle or Coil. Double bottom represents a b
During June to July we see a Penant pattern.
During July to August we see a Double Bottom.
During August to Sept we see again a Double Bottom
During Sept we see a Double Bottom and a Triangle.

ose Price

ICICI Close Price

3-Jul-11

3-Aug-11

3-Sep-11

presents a bearish development, a price decline is expected. Hence,

e IHST formation represents a bullish development, a price rise is

ignal.
use after which the previous price trend is likely to continue.
ents a bearish development and triangle is pattern of uncertainty.
oil. Double bottom represents a bullish development.
nant pattern.
ouble Bottom.
a Double Bottom
m and a Triangle.

Volume Histogram.
Volume analysis:A high trade volume is considered a bullish sign. During April ,May has the higest volume trades. Accompanied by
1121.

t volume trades. Accompanied by price of

1400

1200

1000

800

600

400

200

0
3-Jan-11

Buy Signals:-

3-Feb-11

3-Mar-11

3-Apr-11

3-May-11

3-Jun-11

3-Jul-11

ICICI Close Price

Moving Average 7days

3-Jul-11

3-Aug-11

3-Sep-11

1400

1200

1000

800

600

400

200

0
3-Jan-11

3-Feb-11

3-Mar-11

3-Apr-11

3-May-11

3-Jun-11

Buy and Sell Signal.

Buy

March to April we can see buy signal as stock price line rises through the Moving Average line when the graph o
Moving Average is flattening out.
April to May we see buy signal as stock price line, which is above the Moving Average line, falls but begins to rise
before reaching the Moving Average line.
June to July stock price line rises through the Moving Average line when the graph of Moving average line is flat

Sell

Feb to March we can see sell signal as the stock price line falls through the Moving Average line which is flatteni
May to June stock price line falls through the Moving Average line and the Moving Average line is flattening out
June July stock price line is below Moving Average line, but rises and begins to fall again before reaching the Mo
average line.
July to August stock price falls through the moving Average line which is flattening out. Again, stock price line is
Moving Average line but begins to fall again before reaching the Moving Average line.
August to Sept stock price line rises above the Moving Average line which is falling.

 Feb to March we can see sell signal as the stock price line falls through the Moving Average line which is flatteni
May to June stock price line falls through the Moving Average line and the Moving Average line is flattening out
June July stock price line is below Moving Average line, but rises and begins to fall again before reaching the Mo
average line.
July to August stock price falls through the moving Average line which is flattening out. Again, stock price line is
Moving Average line but begins to fall again before reaching the Moving Average line.
August to Sept stock price line rises above the Moving Average line which is falling.

ICICI Close Price

Moving Average 30 days

3-Jul-11

3-Aug-11

ng Average line when the graph of the

Average line, falls but begins to rise again

aph of Moving average line is flattening out.

ving Average line which is flattening out.

ving Average line is flattening out.
fall again before reaching the Moving

ning out. Again, stock price line is below the

e line.
lling.

3-Sep-11

ving Average line which is flattening out.

ving Average line is flattening out.
fall again before reaching the Moving

ning out. Again, stock price line is below the

e line.
lling.

Date
3-Jan-11
4-Jan-11
5-Jan-11
6-Jan-11
7-Jan-11
10-Jan-11
11-Jan-11
12-Jan-11
13-Jan-11
14-Jan-11
17-Jan-11
18-Jan-11
19-Jan-11
20-Jan-11
21-Jan-11
24-Jan-11
25-Jan-11
27-Jan-11
28-Jan-11
31-Jan-11
1-Feb-11
2-Feb-11
3-Feb-11
4-Feb-11
7-Feb-11
8-Feb-11
9-Feb-11
10-Feb-11
11-Feb-11
14-Feb-11
15-Feb-11
16-Feb-11
17-Feb-11
18-Feb-11
21-Feb-11
22-Feb-11
23-Feb-11
24-Feb-11
25-Feb-11
28-Feb-11
1-Mar-11
3-Mar-11
4-Mar-11
7-Mar-11
8-Mar-11

Calculation Of ROC (8 days) for ICICI

ICICI Close Price ROC -I ROC -II
1143.6
1104.1
15
1070.1
1053.05
1048
10
1014.3
1023.2
1068.9
5
1027.4
89.84 -10.1609
1010.55
91.53 -8.47296
1000.7
93.51 -6.48538
1011
96.01 -3.99316
0
1023.5
97.66 -2.33779
3-Jan-11
1050.8
103.6 3.598541
1065.85
104.2 4.168296
-5
1083.9
101.4 1.403312
1038.3
101.1 1.060931
1016.95
100.6 0.633318
1017.05
101.6 1.633856
-10
1020
100.9 0.890208
993.4
97.06 -2.94089
1008.7
95.99 -4.00647
-15
1030.15
96.65 -3.34944
996.5
91.94 -8.06347
980.3
94.41 -5.58605
951.1
93.52 -6.47524
957.65
94.16 -5.84042
961.5
94.26 -5.73529
1001.6
100.8 0.825448
1032.2
102.3 2.329731
1053.05
102.2 2.222977
1053.15
105.7 5.684897
1057.95
107.9 7.921045
1025.65
107.8 7.838293
1037.95
108.4 8.385109
1027.8
106.9 6.895476
1008.15
100.7 0.653954
953.45
92.37 -7.62934
987.3
93.76 -6.24377
971
92.2 -7.80041
1025.95
96.98 -3.02472
1017.6
99.22 -0.78487
1016.35
97.92 -2.08103
1007.7
98.04 -1.95563
1020.85
101.3 1.259733

3-Feb-11

3-Mar-11

3-Apr-11

Resistance Level is 10
Support Level is -10

From the above figure it is clearly visible that the R

bearish market.. Though the ROC increased positiv
indicating an oversold position. Though the ROC st

9-Mar-11
10-Mar-11
11-Mar-11
14-Mar-11
15-Mar-11
16-Mar-11
17-Mar-11
18-Mar-11
21-Mar-11
22-Mar-11
23-Mar-11
24-Mar-11
25-Mar-11
28-Mar-11
29-Mar-11
30-Mar-11
31-Mar-11
1-Apr-11
4-Apr-11
5-Apr-11
6-Apr-11
7-Apr-11
8-Apr-11
11-Apr-11
13-Apr-11
15-Apr-11
18-Apr-11
19-Apr-11
20-Apr-11
21-Apr-11
25-Apr-11
26-Apr-11
27-Apr-11
28-Apr-11
29-Apr-11
2-May-11
3-May-11
4-May-11
5-May-11
6-May-11
9-May-11
10-May-11
11-May-11
12-May-11
13-May-11
16-May-11
17-May-11

1033.55
1014.25
1007.5
1018.85
996.45
1026.6
1012.5
1003.8
1006.1
1003.35
1041.05
1052.85
1090.85
1099.35
1099.25
1107.25
1112.75
1102.7
1119.3
1110
1100.5
1102.3
1098
1098.7
1128.05
1101.3
1082.2
1090.2
1111.3
1117.25
1113.1
1121.05
1107.35
1117.55
1114.25
1098.2
1067.9
1058.1
1028.3
1081.35
1082.5
1074.95
1075.45
1055
1075.7
1057.45
1039.5

108.4
102.7
103.8
99.31
97.92
101
100.5
98.33
97.34
98.93
103.3
103.3
109.5
107.1
108.6
110.3
110.6
109.9
107.5
105.4
100.9
100.3
99.89
99.23
101.4
99.87
96.69
98.22
101
101.4
101.4
102
98.16
101.5
103
100.7
96.09
94.71
92.38
96.46
97.76
96.19
96.52
96.07
100.7
99.94
101.1

8.40107
2.729667
3.759011
-0.69204
-2.07842
1.008511
0.476332
-1.67018
-2.65589
-1.07469
3.330025
3.337096
9.473631
7.086499
8.567901
10.30584
10.60034
9.901829
7.51645
5.428124
0.884631
0.26834
-0.11371
-0.77218
1.374972
-0.12696
-3.31457
-1.78378
0.981372
1.356255
1.375228
2.034222
-1.83503
1.475529
2.96156
0.73381
-3.90534
-5.29425
-7.61836
-3.54132
-2.2441
-3.81191
-3.48216
-3.93371
0.730405
-0.06143
1.089176

18-May-11
19-May-11
20-May-11
23-May-11
24-May-11
25-May-11
26-May-11
27-May-11
30-May-11
31-May-11
1-Jun-11
2-Jun-11
3-Jun-11
6-Jun-11
7-Jun-11
8-Jun-11
9-Jun-11
10-Jun-11
13-Jun-11
14-Jun-11
15-Jun-11
16-Jun-11
17-Jun-11
20-Jun-11
21-Jun-11
22-Jun-11
23-Jun-11
24-Jun-11
27-Jun-11
28-Jun-11
29-Jun-11
30-Jun-11
1-Jul-11
4-Jul-11
5-Jul-11
6-Jul-11
7-Jul-11
8-Jul-11
11-Jul-11
12-Jul-11
13-Jul-11
14-Jul-11
15-Jul-11
18-Jul-11
19-Jul-11
20-Jul-11
21-Jul-11

1032.4
1030.5
1044.25
1006.55
1019.35
1009.95
1025.65
1069
1073.45
1086
1085.05
1051.4
1048.8
1057.95
1055.8
1049.35
1046
1034.95
1039.35
1055.2
1033.05
1028.5
1031.45
1025.2
1014.35
1019.55
1030.85
1065.25
1078.25
1083.05
1087.15
1093.1
1094.7
1099.1
1097.1
1075.35
1089.55
1060
1054.05
1047.1
1054.1
1068.9
1060.05
1048.5
1060.85
1044.4
1041.1

95.47
95.2
97.14
93.59
96.62
93.89
96.99
102.8
104
105.4
103.9
104.5
102.9
104.8
102.9
98.16
97.44
95.3
95.79
100.4
98.5
97.22
97.69
97.7
96.97
98.51
99.18
101
104.4
105.3
105.4
106.6
107.9
107.8
106.4
100.9
101
97.87
96.96
95.79
96.29
97.25
96.62
97.5
97.37
98.53
98.77

-4.52675
-4.8037
-2.85595
-6.40662
-3.37915
-6.1123
-3.00723
2.837903
3.976172
5.385735
3.90711
4.455814
2.889096
4.752711
2.939599
-1.83817
-2.55718
-4.70074
-4.21179
0.361423
-1.50172
-2.78369
-2.30631
-2.30142
-3.02581
-1.48799
-0.81782
0.952426
4.375393
5.303841
5.400165
6.623098
7.921329
7.802462
6.426735
0.948134
1.047994
-2.12825
-3.04466
-4.20822
-3.70878
-2.7477
-3.37709
-2.49686
-2.63412
-1.4717
-1.22859

22-Jul-11
25-Jul-11
26-Jul-11
27-Jul-11
28-Jul-11
29-Jul-11
1-Aug-11
2-Aug-11
3-Aug-11
4-Aug-11
5-Aug-11
8-Aug-11
9-Aug-11
10-Aug-11
11-Aug-11
12-Aug-11
16-Aug-11
17-Aug-11
18-Aug-11
19-Aug-11
22-Aug-11
23-Aug-11
24-Aug-11
25-Aug-11
26-Aug-11
29-Aug-11
30-Aug-11
2-Sep-11
5-Sep-11
6-Sep-11
7-Sep-11
8-Sep-11
9-Sep-11
12-Sep-11
13-Sep-11
14-Sep-11
15-Sep-11
16-Sep-11
19-Sep-11
20-Sep-11
21-Sep-11
22-Sep-11
23-Sep-11
26-Sep-11
27-Sep-11
28-Sep-11
29-Sep-11

1068.3
1074.2
1040.6
1024.75
1017.55
1037.75
1043.65
1021.9
1001.8
993.1
966.1
952.1
940.95
963.6
942.4
939.8
935.15
910.55
864.75
833.15
850.9
852
841.8
834.6
820.15
858.1
873.25
887.2
881.35
889.45
896.8
919.3
896.4
861.75
853.8
866.65
875.85
880.95
859.65
882.45
901.45
863.6
844.65
856.45
887.4
868.95
889.65

102
101.9
97.35
96.67
97.05
97.82
99.93
98.16
93.78
92.45
92.84
92.91
92.47
92.85
90.3
91.97
93.35
91.69
89.51
87.51
90.43
88.42
89.33
88.81
87.7
94.24
101
106.5
103.6
104.4
106.5
110.1
109.3
100.4
97.77
97.68
99.38
99.04
95.86
95.99
100.6
100.2
98.93
98.82
101.3
98.64
103.5

2.024639
1.90684
-2.64758
-3.33003
-2.95184
-2.1775
-0.07181
-1.8442
-6.22484
-7.5498
-7.15933
-7.08953
-7.52789
-7.14527
-9.70153
-8.03405
-6.65302
-8.31236
-10.4906
-12.4934
-9.57012
-11.5816
-10.6749
-11.1939
-12.2975
-5.76025
0.982943
6.487427
3.578564
4.39554
6.533618
10.14857
9.29708
0.425358
-2.22731
-2.31628
-0.62404
-0.95565
-4.14251
-4.00848
0.563365
0.214679
-1.07168
-1.17695
1.318719
-1.36217
3.489792

30-Sep-11

875.35

99.2

-0.80458

ROC -II

3-May-11

3-Jun-11

3-Jul-11

3-Aug-11

3-Sep-11

ROC -II

it is clearly visible that the ROC of ICICI stock has basically followed cyclic fluctuation negative during the period February,March, May,Jun
gh the ROC increased positively for a slightly longer duration during April when it reached its highest point but after that the ROC fell sign
position. Though the ROC started increasing but it kept on hovering around -5% and 5%.

e period February,March, May,June,July August. With few upward trend indicating a

oint but after that the ROC fell significantly and touched the lowermost mark of -13%

Date
3-Jan-11
4-Jan-11
5-Jan-11
6-Jan-11
7-Jan-11
10-Jan-11
11-Jan-11
12-Jan-11
13-Jan-11
14-Jan-11
17-Jan-11
18-Jan-11
19-Jan-11
20-Jan-11
21-Jan-11
24-Jan-11
25-Jan-11
27-Jan-11
28-Jan-11
31-Jan-11
1-Feb-11
2-Feb-11
3-Feb-11
4-Feb-11
7-Feb-11
8-Feb-11
9-Feb-11
10-Feb-11
11-Feb-11
14-Feb-11
15-Feb-11
16-Feb-11
17-Feb-11
18-Feb-11
21-Feb-11
22-Feb-11
23-Feb-11
24-Feb-11
25-Feb-11
28-Feb-11
1-Mar-11
3-Mar-11
4-Mar-11
7-Mar-11
8-Mar-11

Calculation of ROC (8day) for BSE

Bse Index ROC-I
ROC-II
20561.05
20498.72
10
20301.1
20184.74
8
19691.81
19224.12
6
19196.34
4
19534.1
19182.82 93.29689 -6.70311
2
18860.44 92.00789 -7.99211
0
18882.25 93.01097 -6.98903
3-Jan-11
19092.05 94.58655 -5.41345
-2
18978.32 96.37672 -3.62328
19046.54 99.07626 -0.92374
-4
19007.53 99.01643 -0.98357
-6
19151.28 98.04025 -1.95975
18969.45
98.8877
-1.1123
-8
18684.43 99.06678 -0.93322
18395.97 97.42467 -2.57533
-10
18327.76 95.99682 -4.00318
18022.22 94.96215 -5.03785
18090.62 94.98114 -5.01886
18449.31 97.06316 -2.93684
18008.15 94.03105 -5.96895
18037.19 95.08547 -4.91453
17775.7 95.13643 -4.86357
17592.77 95.63383 -4.36617
17463.04 95.28191 -4.71809
17728.61 98.37084 -1.62916
18202.2 100.6168 0.616784
18273.8 99.04869 -0.95131
18300.9 101.6257 1.625653
18506.82 102.6037 2.603676
18211.52 102.4518 2.451774
18438.31 104.8062 4.806179
18296.16 104.7708 4.770762
18178.33 102.5367 2.536691
17632.41 96.86966 -3.13034
17700.91 96.86497 -3.13503
17823.4 97.39084 -2.60916
18446.5 99.67407 -0.32593
18489.76 101.5278 1.527824
18486.45 100.2611 0.261087
18222.67 99.59833 -0.40167
18439.65 101.4375 1.437536

3-Feb-11

3-Mar-11

3-Apr-11

Resistance Level is 8
Support Level is -8

9-Mar-11
10-Mar-11
11-Mar-11
14-Mar-11
15-Mar-11
16-Mar-11
17-Mar-11
18-Mar-11
21-Mar-11
22-Mar-11
23-Mar-11
24-Mar-11
25-Mar-11
28-Mar-11
29-Mar-11
30-Mar-11
31-Mar-11
1-Apr-11
4-Apr-11
5-Apr-11
6-Apr-11
7-Apr-11
8-Apr-11
11-Apr-11
13-Apr-11
15-Apr-11
18-Apr-11
19-Apr-11
20-Apr-11
21-Apr-11
25-Apr-11
26-Apr-11
27-Apr-11
28-Apr-11
29-Apr-11
2-May-11
3-May-11
4-May-11
5-May-11
6-May-11
9-May-11
10-May-11
11-May-11
12-May-11
13-May-11
16-May-11
17-May-11

18469.95
18327.98
18174.09
18439.48
18167.64
18358.69
18149.87
17878.81
17839.05
17988.3
18206.16
18350.74
18815.64
18943.14
19120.8
19290.18
19445.22
19420.39
19701.73
19686.82
19612.2
19591.18
19451.45
19262.54
19696.86
19386.82
19091.17
19121.83
19470.98
19602.23
19584.31
19545.35
19448.69
19292.02
19135.96
18998.02
18534.69
18469.36
18210.58
18518.81
18528.96
18512.77
18584.96
18335.79
18531.28
18345.03
18137.35

104.75
103.5426
101.9676
99.96194
98.25785
99.3089
99.6005
96.95851
96.58418
98.14666
100.1765
99.51875
103.5668
103.1835
105.3495
107.8941
109.0037
107.9612
108.2146
107.2808
104.2335
103.421
101.7293
99.85671
101.2941
99.82714
96.90098
97.13011
99.27994
100.0564
100.683
101.4682
98.74005
99.51101
100.2346
99.35252
95.19136
94.22071
92.98556
94.74791
95.27099
95.96077
97.1206
96.51422
99.9816
99.32683
99.59787

4.750003
3.542586
1.967582
-0.03806
-1.74215
-0.6911
-0.3995
-3.04149
-3.41582
-1.85334
0.17646
-0.48125
3.566781
3.183506
5.349515
7.894094
9.003675
7.96123
8.214637
7.280796
4.233499
3.420975
1.729269
-0.14329
1.294097
-0.17286
-3.09902
-2.86989
-0.72006
0.056403
0.683034
1.468186
-1.25995
-0.48899
0.234611
-0.64748
-4.80864
-5.77929
-7.01444
-5.25209
-4.72901
-4.03923
-2.8794
-3.48578
-0.0184
-0.67317
-0.40213

18-May-11
19-May-11
20-May-11
23-May-11
24-May-11
25-May-11
26-May-11
27-May-11
30-May-11
31-May-11
1-Jun-11
2-Jun-11
3-Jun-11
6-Jun-11
7-Jun-11
8-Jun-11
9-Jun-11
10-Jun-11
13-Jun-11
14-Jun-11
15-Jun-11
16-Jun-11
17-Jun-11
20-Jun-11
21-Jun-11
22-Jun-11
23-Jun-11
24-Jun-11
27-Jun-11
28-Jun-11
29-Jun-11
30-Jun-11
1-Jul-11
4-Jul-11
5-Jul-11
6-Jul-11
7-Jul-11
8-Jul-11
11-Jul-11
12-Jul-11
13-Jul-11
14-Jul-11
15-Jul-11
18-Jul-11
19-Jul-11
20-Jul-11
21-Jul-11

18086.2
18141.4
18326.09
17993.33
18011.97
17847.24
18044.64
18266.1
18232.06
18503.28
18608.81
18494.18
18376.48
18420.11
18495.62
18394.29
18384.9
18268.54
18266.03
18308.66
18132.24
17985.88
17870.53
17506.63
17560.3
17550.63
17727.49
18240.68
18412.41
18492.45
18693.86
18845.87
18762.8
18814.48
18744.56
18726.97
19078.3
18858.04
18721.39
18411.62
18596.02
18618.2
18561.92
18507.04
18653.87
18502.38
18436.19

97.66394
97.90836
98.99161
96.81662
98.23395
96.30873
98.36255
100.7099
100.8065
101.9948
101.5427
102.7835
102.0237
103.2099
102.4992
100.7018
100.8383
98.73136
98.15797
98.99687
98.67091
97.64263
96.62033
95.17426
95.5148
96.07024
97.05169
99.6287
101.5451
102.8165
104.6072
107.6499
106.8478
107.2012
105.7372
102.666
103.6165
101.977
100.1473
97.69578
99.11111
98.95676
99.02564
98.8256
97.77533
98.11401
98.47661

-2.33606
-2.09164
-1.00839
-3.18338
-1.76605
-3.69127
-1.63745
0.709861
0.806471
1.994774
1.542719
2.783531
2.02371
3.209852
2.499246
0.701792
0.838304
-1.26864
-1.84203
-1.00313
-1.32909
-2.35737
-3.37967
-4.82574
-4.4852
-3.92976
-2.94831
-0.3713
1.545148
2.816487
4.607194
7.649902
6.847833
7.201166
5.737248
2.665964
3.616528
1.976969
0.147268
-2.30422
-0.88889
-1.04324
-0.97436
-1.1744
-2.22467
-1.88599
-1.52339

22-Jul-11
25-Jul-11
26-Jul-11
27-Jul-11
28-Jul-11
29-Jul-11
1-Aug-11
2-Aug-11
3-Aug-11
4-Aug-11
5-Aug-11
8-Aug-11
9-Aug-11
10-Aug-11
11-Aug-11
12-Aug-11
16-Aug-11
17-Aug-11
18-Aug-11
19-Aug-11
22-Aug-11
23-Aug-11
24-Aug-11
25-Aug-11
26-Aug-11
29-Aug-11
30-Aug-11
2-Sep-11
5-Sep-11
6-Sep-11
7-Sep-11
8-Sep-11
9-Sep-11
12-Sep-11
13-Sep-11
14-Sep-11
15-Sep-11
16-Sep-11
19-Sep-11
20-Sep-11
21-Sep-11
22-Sep-11
23-Sep-11
26-Sep-11
27-Sep-11
28-Sep-11
29-Sep-11

18722.3
18871.29
18518.22
18432.25
18209.52
18197.2
18314.33
18109.89
17940.55
17693.18
17305.87
16990.18
16857.91
17130.51
17059.4
16839.63
16730.94
16840.8
16469.79
16141.67
16341.7
16498.47
16284.98
16146.33
15848.83
16416.33
16676.75
16821.46
16713.33
16862.81
17065
17165.54
16866.97
16501.74
16467.44
16709.6
16876.54
16933.83
16745.35
17099.28
17065.15
16361.15
16162.06
16051.1
16524.03
16446.02
16698.07

101.6874
101.4803
99.463
99.30142
98.3924
97.55188
98.98364
98.23011
95.8245
93.75713
93.4532
92.17638
92.57745
94.13816
93.14782
92.98582
93.25768
95.18244
95.16881
95.00588
96.93788
96.31044
95.46045
95.88293
94.72767
97.47951
101.2566
104.2114
102.2741
102.2083
104.7898
106.3123
106.4241
100.5203
98.7449
99.33502
100.9765
100.4212
98.12687
99.61399
101.175
99.14803
98.14555
96.05915
97.91124
97.11932
99.71765

1.687413
1.480263
-0.537
-0.69858
-1.6076
-2.44812
-1.01636
-1.76989
-4.1755
-6.24287
-6.5468
-7.82362
-7.42255
-5.86184
-6.85218
-7.01418
-6.74232
-4.81756
-4.83119
-4.99412
-3.06212
-3.68956
-4.53955
-4.11707
-5.27233
-2.52049
1.256604
4.211398
2.274121
2.208326
4.789812
6.312332
6.42407
0.520275
-1.2551
-0.66498
0.976526
0.421163
-1.87313
-0.38601
1.174959
-0.85197
-1.85445
-3.94085
-2.08876
-2.88068
-0.28235

30-Sep-11

16453.76

96.22487

-3.77513

ROC-II

ROC-II
3-Apr-11

3-May-11

stance Level is 8
pport Level is -8

3-Jun-11

3-Jul-11

3-Aug-11

3-Sep-11

Date
3-Jan-11
4-Jan-11
5-Jan-11
6-Jan-11
7-Jan-11
10-Jan-11
11-Jan-11
12-Jan-11
13-Jan-11
14-Jan-11
17-Jan-11
18-Jan-11
19-Jan-11
20-Jan-11
21-Jan-11
24-Jan-11
25-Jan-11
27-Jan-11
28-Jan-11
31-Jan-11
1-Feb-11
2-Feb-11
3-Feb-11
4-Feb-11
7-Feb-11
8-Feb-11
9-Feb-11
10-Feb-11
11-Feb-11
14-Feb-11
15-Feb-11
16-Feb-11
17-Feb-11
18-Feb-11
21-Feb-11
22-Feb-11
23-Feb-11
24-Feb-11
25-Feb-11
28-Feb-11
1-Mar-11
3-Mar-11
4-Mar-11
7-Mar-11
8-Mar-11

ICICI Close Price Change Gain

Loss
Average Gain Average Loss RS
1143.6
1104.1
-39.5
39.5
-34
34
3 1070.1
1053.05
-17.05
17.05
2.5
1048
-5.05
5.05
-33.7
33.7
2 1014.3
1023.2
8.9
8.9
1.5
1068.9
45.7
45.7
RS
1 1027.4
-41.5
41.5
-16.85
16.85
0.5 1010.55
1000.7
-9.85
9.85
0
1011
10.3
10.3
1023.5
12.5
12.5
1050.8
27.3
27.3
1065.85
15.05
15.05
20.94
24.6875 0.848203
1083.9
18.05
18.05
19.95833333
24.6875 0.808439

RS

1038.3
1016.95
1017.05
1020
993.4
1008.7
1030.15
996.5
980.3
951.1
957.65
961.5
1001.6
1032.2
1053.05
1053.15
1057.95
1025.65
1037.95
1027.8
1008.15
953.45
987.3
971
1025.95
1017.6
1016.35
1007.7
1020.85

-45.6
-21.35
0.1
2.95
-26.6
15.3
21.45
-33.65
-16.2
-29.2
6.55
3.85
40.1
30.6
20.85
0.1
4.8
-32.3
12.3
-10.15
-19.65
-54.7
33.85
-16.3
54.95
-8.35
-1.25
-8.65
13.15

45.6
21.35
0.1
2.95
26.6
15.3
21.45
33.65
16.2
29.2
6.55
3.85
40.1
30.6
20.85
0.1
4.8
32.3
12.3
10.15
19.65
54.7
33.85
16.3
54.95
8.35
1.25
8.65
13.15

19.68571429
19.68571429
19.68571429
17.2375
15.65
16.49375
12.69375
13.66666667
13.66666667
13.66666667
14.0875
13.34375
10.4125
13.54375
15.1125
15.75
14.185
14.655
15.95555556
15.59
15.62222222
14.89375
14.89375
17
17
22.37777778
24.69375
22.49285714
21.14166667

22.57142857
24.22857143
24.84285714
28.14166667
27.03
26.95833333
26.95833333
24.05
27.41
28.68
28.76666667
28.76666667
28.76666667
28.76666667
28.76666667
25.4
26.4125
26.4125
27.59
27.8375
24.3
23.525
27.03333333
29.2
26.62
26.62
23.575
20.38571429
18.91875

0.872152
0.8125
0.792409
0.612526
0.578986
0.611824
0.470866
0.568261
0.498601
0.476523
0.489716
0.463862
0.361964
0.470814
0.525348
0.620079
0.537056
0.554851
0.578309
0.560036
0.64289
0.633103
0.55094
0.582192
0.638618
0.840638
1.047455
1.103364
1.117498

9-Mar-11
10-Mar-11
11-Mar-11
14-Mar-11
15-Mar-11
16-Mar-11
17-Mar-11
18-Mar-11
21-Mar-11
22-Mar-11
23-Mar-11
24-Mar-11
25-Mar-11
28-Mar-11
29-Mar-11
30-Mar-11
31-Mar-11
1-Apr-11
4-Apr-11
5-Apr-11
6-Apr-11
7-Apr-11
8-Apr-11
11-Apr-11
13-Apr-11
15-Apr-11
18-Apr-11
19-Apr-11
20-Apr-11
21-Apr-11
25-Apr-11
26-Apr-11
27-Apr-11
28-Apr-11
29-Apr-11
2-May-11
3-May-11
4-May-11
5-May-11
6-May-11
9-May-11
10-May-11
11-May-11
12-May-11
13-May-11
16-May-11
17-May-11

1033.55
1014.25
1007.5
1018.85
996.45
1026.6
1012.5
1003.8
1006.1
1003.35
1041.05
1052.85
1090.85
1099.35
1099.25
1107.25
1112.75
1102.7
1119.3
1110
1100.5
1102.3
1098
1098.7
1128.05
1101.3
1082.2
1090.2
1111.3
1117.25
1113.1
1121.05
1107.35
1117.55
1114.25
1098.2
1067.9
1058.1
1028.3
1081.35
1082.5
1074.95
1075.45
1055
1075.7
1057.45
1039.5

12.7
-19.3
-6.75
11.35
-22.4
30.15
-14.1
-8.7
2.3
-2.75
37.7
11.8
38
8.5
-0.1
8
5.5
-10.05
16.6
-9.3
-9.5
1.8
-4.3
0.7
29.35
-26.75
-19.1
8
21.1
5.95
-4.15
7.95
-13.7
10.2
-3.3
-16.05
-30.3
-9.8
-29.8
53.05
1.15
-7.55
0.5
-20.45
20.7
-18.25
-17.95

12.7
19.3
6.75
11.35
22.4
30.15
14.1
8.7
2.3
2.75
37.7
11.8
38
8.5
0.1
8
5.5
10.05
16.6
9.3
9.5
1.8
4.3
0.7
29.35
26.75
19.1
8
21.1
5.95
4.15
7.95
13.7
10.2
3.3
16.05
30.3
9.8
29.8
53.05
1.15
7.55
0.5
20.45
20.7
18.25
17.95

19.85833333
21.95833333
25.39
25.39
25.2
25.2
26.025
26.025
24.46
20.76666667
13.93
17.89166667
17.02142857
19.64375
19.0625
19.97142857
18.475
17.03333333
17.74375
17.61666667
16.05
16.05
14.46666667
15.9875
14.28888889
13.36111111
13.55625
10.06428571
9.992857143
11.38125
11.125
11.92857143
11.43125
10.69285714
10.63125
10.63125
11.89285714
11.89285714
13.75833333
10.64
17.70833333
15.34285714
16.56666667
13.13333333
14.57
15.59166667
17.12

18.91875
18.91875
18.96111111
16.12222222
16.12222222
17.48333333
17.2125
12.1375
11.75555556
11.1875
10.25
10.4875
11.80714286
12.33333333
12.33333333
10.58571429
9.133333333
9.61
9.683333333
7.14
7.5
6.733333333
6.34
6
6.65
6.65
10
11.3
11.3
13.16666667
13.16666667
11.87857143
12.18333333
12.4
12.91666667
11.88333333
12.47857143
16.19285714
15.39375
16.99444444
15.775
15.3
14.33125
14.33125
15.01111111
16.36875
16.57777778

1.049664
1.160665
1.339057
1.574845
1.56306
1.441373
1.511983
2.144181
2.080718
1.856238
1.359024
1.705999
1.441621
1.592736
1.545608
1.88664
2.02281
1.772459
1.832401
2.46732
2.14
2.383663
2.281809
2.664583
2.148705
2.00919
1.355625
0.890645
0.884324
0.864399
0.844937
1.004209
0.938269
0.862327
0.823065
0.894635
0.953062
0.734451
0.893761
0.626087
1.122557
1.002801
1.155982
0.916412
0.970614
0.952526
1.032708

18-May-11
19-May-11
20-May-11
23-May-11
24-May-11
25-May-11
26-May-11
27-May-11
30-May-11
31-May-11
1-Jun-11
2-Jun-11
3-Jun-11
6-Jun-11
7-Jun-11
8-Jun-11
9-Jun-11
10-Jun-11
13-Jun-11
14-Jun-11
15-Jun-11
16-Jun-11
17-Jun-11
20-Jun-11
21-Jun-11
22-Jun-11
23-Jun-11
24-Jun-11
27-Jun-11
28-Jun-11
29-Jun-11
30-Jun-11
1-Jul-11
4-Jul-11
5-Jul-11
6-Jul-11
7-Jul-11
8-Jul-11
11-Jul-11
12-Jul-11
13-Jul-11
14-Jul-11
15-Jul-11
18-Jul-11
19-Jul-11
20-Jul-11
21-Jul-11

1032.4
1030.5
1044.25
1006.55
1019.35
1009.95
1025.65
1069
1073.45
1086
1085.05
1051.4
1048.8
1057.95
1055.8
1049.35
1046
1034.95
1039.35
1055.2
1033.05
1028.5
1031.45
1025.2
1014.35
1019.55
1030.85
1065.25
1078.25
1083.05
1087.15
1093.1
1094.7
1099.1
1097.1
1075.35
1089.55
1060
1054.05
1047.1
1054.1
1068.9
1060.05
1048.5
1060.85
1044.4
1041.1

-7.1
-1.9
13.75
-37.7
12.8
-9.4
15.7
43.35
4.45
12.55
-0.95
-33.65
-2.6
9.15
-2.15
-6.45
-3.35
-11.05
4.4
15.85
-22.15
-4.55
2.95
-6.25
-10.85
5.2
11.3
34.4
13
4.8
4.1
5.95
1.6
4.4
-2
-21.75
14.2
-29.55
-5.95
-6.95
7
14.8
-8.85
-11.55
12.35
-16.45
-3.3

7.1
1.9
13.74
37.7
12.8
9.4
15.7
43.35
4.45
12.55
0.95
33.65
2.6
9.15
2.15
6.45
3.35
11.05
4.4
15.85
22.15
4.55
2.95
6.25
10.85
5.2
11.3
34.4
13
4.8
4.1
5.95
1.6
4.4
2
21.75
14.2
29.55
5.95
6.95
7
14.8
8.85
11.55
12.35
16.45
3.3

17.12
18.85
18.85
17.828
17.828
16.99
16.99
10.765
17.79833333
15.89142857
17.61285714
17.61285714
17.09833333
17.09833333
15.96285714
15.96285714
15.96285714
16.33333333
16.33333333
14.93333333
15.06428571
14.95833333
9.28
8.98
8.0875
8.0875
7.51
8.141666667
12.35
12.44285714
11.4875
10.66666667
10.195
9.915
8.77
8.77
8.77
9.895
9.895
9.895
10.41666667
9.938888889
7.761111111
7.10625
7.435714286
8.614285714
9.058333333

17.05
16.055
15.915
15.9
16.72222222
17.5875
15.0375
15.0375
15.0375
16.10714286
16.10714286
13.32142857
15.8625
13.90625
13.32857143
12.62142857
13.27142857
12.03125
8.7
8.7
8.6
10.29375
9.655555556
9.655555556
9.315
10.305
7.711111111
8.35
8.35
9.235714286
9.7
10.97
10.95
10.95
10.95
5.9125
10.2125
10.2125
16.0375
14.8125
13.24
13.24
13.24
12.50833333
12.37142857
12.37142857
12.88125

1.004106
1.174089
1.184417
1.121258
1.066126
0.966027
1.129842
0.715877
1.183597
0.986608
1.093481
1.322145
1.077909
1.229543
1.197642
1.264743
1.202799
1.357576
1.877395
1.716475
1.751661
1.453147
0.961105
0.930035
0.868223
0.784813
0.973919
0.97505
1.479042
1.347254
1.184278
0.972349
0.93105
0.905479
0.800913
1.483298
0.858752
0.968911
0.616991
0.668017
0.786757
0.750671
0.586187
0.568121
0.601039
0.696305
0.703219

22-Jul-11
25-Jul-11
26-Jul-11
27-Jul-11
28-Jul-11
29-Jul-11
1-Aug-11
2-Aug-11
3-Aug-11
4-Aug-11
5-Aug-11
8-Aug-11
9-Aug-11
10-Aug-11
11-Aug-11
12-Aug-11
16-Aug-11
17-Aug-11
18-Aug-11
19-Aug-11
22-Aug-11
23-Aug-11
24-Aug-11
25-Aug-11
26-Aug-11
29-Aug-11
30-Aug-11
2-Sep-11
5-Sep-11
6-Sep-11
7-Sep-11
8-Sep-11
9-Sep-11
12-Sep-11
13-Sep-11
14-Sep-11
15-Sep-11
16-Sep-11
19-Sep-11
20-Sep-11
21-Sep-11
22-Sep-11
23-Sep-11
26-Sep-11
27-Sep-11
28-Sep-11
29-Sep-11

1068.3
1074.2
1040.6
1024.75
1017.55
1037.75
1043.65
1021.9
1001.8
993.1
966.1
952.1
940.95
963.6
942.4
939.8
935.15
910.55
864.75
833.15
850.9
852
841.8
834.6
820.15
858.1
873.25
887.2
881.35
889.45
896.8
919.3
896.4
861.75
853.8
866.65
875.85
880.95
859.65
882.45
901.45
863.6
844.65
856.45
887.4
868.95
889.65

27.2
5.9
-33.6
-15.85
-7.2
20.2
5.9
-21.75
-20.1
-8.7
-27
-14
-11.15
22.65
-21.2
-2.6
-4.65
-24.6
-45.8
-31.6
17.75
1.1
-10.2
-7.2
-14.45
37.95
15.15
13.95
-5.85
8.1
7.35
22.5
-22.9
-34.65
-7.95
12.85
9.2
5.1
-21.3
22.8
19
-37.85
-18.95
11.8
30.95
-18.45
20.7

27.2
5.9
33.6
15.85
7.2
20.2
5.9
21.75
20.1
8.7
27
14
11.15
22.65
21.2
2.6
4.65
24.65
45.8
31.6
17.75
1.1
10.2
7.2
14.45
37.95
15.15
13.95
5.85
8.1
7.35
22.5
22.9
34.65
7.95
12.85
9.2
5.1
21.3
22.8
19
37.85
18.95
11.8
30.95
18.45
20.7

10.55
15.11
13.575
13.575
13.45
13.45
14.575
13.33571429
14.39166667
14.31
14.31
14.31
14.8
14.8
16.37
13.6625
16.25
16.25
16.25
16.25
14.275
20.2
13.83333333
13.83333333
13.83333333
13.83333333
19.8625
18.92
17.18
17.18
15.66666667
14.47857143
15.48125
15.48125
15.48125
15.15714286
16.83571429
15.88125
14.68333333
14.68333333
13
13.42777778
13.3625
13.3625
13.825
16.775
15.95714286

11.81666667
11.81666667
13.04375
14.525
14.67222222
12.18888889
12.96875
13.82857143
14.81875
15.40555556
15.38888889
17.10555556
16.795
16.265
17.70555556
18.055
16.65
14.01818182
14.81818182
18.32727273
19.43333333
19.43333333
19.22272727
18.32272727
18.18636364
17.04545455
17.35
18.03888889
18.03888889
16.33333333
18.05
19.96428571
19.18333333
15.36666667
15.875
14.74285714
14.74285714
15.5
17.16
18.53
18.53
18.53
21.75
23.93333333
23.93333333
23.93333333
23.15

0.892807
1.278702
1.040728
0.934596
0.916698
1.103464
1.123855
0.96436
0.97118
0.928886
0.929892
0.83657
0.881215
0.909929
0.924569
0.756716
0.975976
1.159209
1.096626
0.886657
0.734563
1.039451
0.719634
0.754982
0.760643
0.811556
1.144813
1.048845
0.952387
1.051837
0.867959
0.725224
0.807016
1.007457
0.975197
1.028101
1.141957
1.024597
0.855672
0.792409
0.701565
0.724651
0.614368
0.558322
0.577646
0.700905
0.689293

30-Sep-11

875.35

-14.3

14.3

16.55 23.19166667 0.713618

RSI 14 day

RSI 14 day
80
70
60
50
40
30
20
10
0

RSI 14 day

45.893376
44.703686
46.585531
44.827586
44.209175
37.985493
36.668229
37.958479
32.01282
36.235086
33.271119
32.2733
32.873116
31.687528
26.576624
32.010439
34.441174
38.274605
34.940575
35.685152
36.641066
35.898912
39.131645
38.766878
35.522981
36.796537
38.972948
45.671005
51.158876
52.457105
52.774455

RSI overbought point is at 70 and oversold point is at 30.

The Relative Strength Index (RSI) is a momentum oscillator that measures the
speed and change of price movements.RSI oscillates between zero and 100.
Traditionally, RSI is considered overbought when above 70 and oversold when
below 30.
The above figure shows ICICI with 14-day RSI. Working from left to right, the
stock became oversold in mid April. The bottom evolved after the oversold
reading. From oversold levels, RSI moved above 70 in the first half of August to
become overbought. After this overbought reading, the stock started declining
and again reached the oversold reading on August end.

51.211519
53.717955
57.24772
61.16271
60.984136
59.039438
60.190807
68.195218
67.540038
64.988916
57.609595
63.045074
59.043608
61.430712
60.716656
65.357644
66.918201
63.93094
64.694265
71.159284
68.152866
70.446233
69.528997
72.711768
68.240913
66.768462
57.548421
47.107991
46.93056
46.363405
45.797599
50.105011
48.407587
46.303743
45.147306
47.219395
48.798359
42.344863
47.195026
38.502674
52.887008
50.06993
53.617423
47.819161
49.254404
48.784304
50.804537

50.102429
54.003724
54.221199
52.858159
51.600247
49.135999
53.048162
41.720763
54.203995
49.662931
52.232672
56.936363
51.8747
55.14776
54.496684
55.84487
54.603206
57.583548
65.246338
63.187588
63.658316
59.236037
49.008332
48.187455
46.473208
43.971728
49.339368
49.368368
59.661836
57.397035
54.218289
49.299029
48.214708
47.51977
44.472617
59.730972
46.200448
49.210494
38.156753
40.048568
44.03269
42.879057
36.955717
36.229421
37.54057
41.048332
41.287627

47.168405
56.115375
50.997887
48.309609
47.826946
52.459372
52.915816
49.092821
49.268954
48.156596
48.183621
45.550683
46.842855
47.642041
48.040303
43.075589
49.392097
53.68674
52.304316
46.996188
42.348578
50.967199
41.8481
43.019366
43.202574
44.798822
53.375882
51.192015
48.780642
51.263179
46.465645
42.036499
44.660136
50.185723
49.372135
50.692785
53.31373
50.607449
46.111169
44.209153
41.230574
42.017245
38.056248
35.828399
36.614434
41.207779
40.803653

41.643951

or that measures the

ween zero and 100.
70 and oversold when

om left to right, the

after the oversold
first half of August to
stock started declining