Shares have dipped 22% from a high of Rs 1, 404.85 last month to the current Rs 1, 108.35.
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The RS line did confirm the recent highs and the weekly RS (not shown) is also positive.
The RS line is now below its declining WMA, as is the weekly RS line (not shown).
The RS stayed positive until the week of May 25, when the RS lines formed lower lows (line 2).
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Weekly RS line has formed lower lows, line c, and the RS is below its declining weighted moving average.
Looking around various Pakistani message boards there are quite a number of people offering such 1 Rs coins for 100 Rs and more.
Axis Bank, another lender in that space, has seen its stock dip from a high of Rs. 1, 588.75 a month ago to its present Rs. 1, 426.
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The RS line has now reached its uptrend (line b), and is well below its WMA. The daily RS analysis can turn around in just a few weeks.
The relative performance or RS analysis confirmed the new highs in early 2012, but has since dropped below its WMA.The RS line has important support at line c, which needs to hold on a further correction.
Specifically, the FCC 3-2 partisan vote was followed by a partisan House vote (234 Rs against, 2 Rs for, 6 Ds against and 177 Ds for), and a partisan Senate vote (52 Ds for vs. 46 Rs against).
For those who are not convinced of the value of relative performance, or RS analysis, I would point out that the RS analysis of the financial sector was negative early in the year, well before the fundamentals weakened.
Preliminary estimates suggest that the cost of constructing a high-speed railway line and acquiring trains to run on them would be in the range of Rs. 70 crore to Rs. 100 crore per km, translating to at least Rs. 37, 000 crore for a Mumbai-Ahmedabad line.
The RS line dropped below its WMA a few weeks ago but turned up last week.
The RS line shows a long-term uptrend, line b, which is a positive sign.
The RS line recently moved above its WMA, but does not yet show a completed bottom.
The RS versus the MSCI World Index has already broken though resistance at line g.
It has an RS-232 port which can offer two way control over all kinds of devices.
The RS line has dropped down to the breakout level and is trying to turn up.
The RS line is still lagging the price action as it is below its 2011 highs.
Paladini is also keen to install ex-Rs boss Jim Smith as director of football.
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Still, the company plans to sell the Rs One Lakh only in India at first.
Also, the WMA of the RS line is rising strongly, which is a positive sign.
The RS line has continued to rise sharply after breaking its downtrend, line e, in December.
Weekly RS line surged to significant new highs in May, confirming the price action.
The RS analysis confirmed the upside breakout, as its resistance, line f, was also overcome.
The RS line has confirmed the recent highs, with long-term support at line c.
The reversal in early May dropped the relative performance, or RS, below support at line b.
The relative performance, or RS analysis, broke its downtrend, line e, on October 18.
The weekly RS line (not shown) did confirm the highs, but has now turned lower.
The RS line has bounced from its WMA, with more important support at line i.
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