It has reached the first fall region of 40 and expected to bounce.
During this rally, it will face resistance above 50.
35-40 looks to be the accumulation zone for a medium term play.
Wednesday, November 4, 2009
Mercator Lines Limited
Stock has been in a corrective mode since "Post election" move.
It has reached the first fall region of 40 and expected to bounce.
During this rally, it will face resistance above 50.
35-40 looks to be the accumulation zone for a medium term play.
It has reached the first fall region of 40 and expected to bounce.
During this rally, it will face resistance above 50.
35-40 looks to be the accumulation zone for a medium term play.
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment