Technical Stock Snapshot
1/3/2012 12:19:59 PM
The technical analysis showed that Halal Stocks KMI-30 share index short term MA (15), intermediate MA (45), long term MA (100) and MACD profiles are bearish. Resistance around 20,246.49 resulted in a marginal break of 19,967.45 Support. Could adjust further to 19,795.72 ~ 19,688.41 area. We view last couple retreats as momentary reaction. As all the profiles are bearish therefore Stay Short!
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