Technical Stock Snapshot
12/21/2011 12:05:09 PM
The technical analysis showed that Halal Stocks KMI-30 share index short term MA (15), intermediate MA (45) and long term MA (100) profiles are bearish. Resistance around 20,965.65 resulted in a marginal break of 20,380.57 Support. Could adjust further to 20,003.34 ~ 19,795.49 area. We view last couple retreats as momentary reaction. As all the profiles are bearish therefore stay Short!
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