Tuesday 13 December 2011

Technical Stock Snapshot

Technical Stock Snapshot

12/13/2011 11:54:57 AM


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 21,283.28 resulted in a marginal break of 20,340.29 Support. Could adjust further to 19,711.63 ~ 19,397.30 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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1 comment:

  1. Dalal Street Investment Journal13 December 2011 at 16:21:00 GMT+5

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