KGAL - the latest candles

smallville · 1 KGAL - the latest candles Mon Jun 13, 2011 6:01 pm

smallville

Associate Director - Equity Analytics

Posts : 4119
Equity Stars : 10300
Reputation : 530
Join date : 2011-02-03
Location : Back on Earth

I just happened to see the latest chart of KGAL, its interesting.. Support seems to be at a prev resistance of 205 and TEMA & MACD both shows signal at 205 as well..

KGAL - the latest candles Kgal-s10

Look at the chart in original size;
https://i.servimg.com/u/f28/16/18/50/04/kgal10.png

invest-abc · 2 Re: KGAL - the latest candles Mon Jun 13, 2011 7:36 pm

invest-abc

Manager - Equity Analytics

Posts : 283
Equity Stars : 5429
Reputation : 35
Join date : 2011-01-31
Location : Colombo

After initial heavy selling pressure.......Buyers have taken control over the sellers...looks good

wgsaman · 3 Re: KGAL - the latest candles Mon Jun 13, 2011 7:40 pm

wgsaman

Senior Manager - Equity Analytics

Posts : 348
Equity Stars : 5430
Reputation : 48
Join date : 2011-05-20
Age : 33

worthiness · 4 Re: KGAL - the latest candles Mon Jun 13, 2011 11:11 pm

worthiness

Senior Vice President - Equity Analytics

Posts : 2577
Equity Stars : 9137
Reputation : 115
Join date : 2011-04-08

Unless support level reaches to 225 with current market sentiments positive trend is not strong. However with coming quarterly results everyone predicts no more bends that you can drive faster & steadily.
Good Luck