Technical Stock Snapshot
12/12/2011 12:46:16 PM
The technical analysis showed that Halal Stocks KMI-30 share index short term MA and intermediate MA profiles are bearish while long term profile is bullish. Resistance around 21,117.76 resulted in a marginal break of 20,826.32 Support. Could adjust further to 20,632.02 ~ 20,534.88 area. We view last couple retreats as momentary reaction. The short-term and intermediate profiles would remain negative therefore stay short.
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