Technical Stock Snapshot
12/14/2011 12:52:32 PM
The technical analysis showed that Halal Stocks KMI-30 share index short term MA, intermediate MA and long term profiles are bearish. Resistance around 20,912.39 resulted in a marginal break of 20,504.11 Support. Could adjust further to 20,358.35 ~ 20,095.82 area. We view last couple retreats as momentary reaction. As all the profiles are bearish therefore stay short!
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