Today's Opening - 1800
Today's High - 1812
Today's Low - 1710
Today's Closing - 1718
Lowest closing since 20th Aug, 2009.
The 20-day Commodity Channel Index has been negative for past three sessions.
The 12-day Rate Of Change has been negative for the past three sessions.
The 3, 10-day Moving Average Convergence Divergence has been negative for the past four days.
The 2-day Relative Strength Index has been below 2% for the past five days.
The closing has been below the 5-day Exponential Moving Average level for the past 15 days.
The closing candle continues to be below the 13, 16-day Ichimoku Kinko Hyo cloud since 28th Sep.
The stock has taken severe beating in the past six sessions, dropping by almost 14%. Though the stock still looks weak, the stock might try to pullback for most of the next one week with 1810 as a resistance level. If it fails to break 1810, then it might start on another downward journey with 1670 as the next support level.
Today's High - 1812
Today's Low - 1710
Today's Closing - 1718
Lowest closing since 20th Aug, 2009.
The 20-day Commodity Channel Index has been negative for past three sessions.
The 12-day Rate Of Change has been negative for the past three sessions.
The 3, 10-day Moving Average Convergence Divergence has been negative for the past four days.
The 2-day Relative Strength Index has been below 2% for the past five days.
The closing has been below the 5-day Exponential Moving Average level for the past 15 days.
The closing candle continues to be below the 13, 16-day Ichimoku Kinko Hyo cloud since 28th Sep.
The stock has taken severe beating in the past six sessions, dropping by almost 14%. Though the stock still looks weak, the stock might try to pullback for most of the next one week with 1810 as a resistance level. If it fails to break 1810, then it might start on another downward journey with 1670 as the next support level.
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