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What the technical charts say?

Posted on: August 19th 2009 in Stock Research.

MUMBAI: Ispat Industries has seen two consecutive days of bearish sticks and the stock below the 20-day Daily Moving Average (DMA) levels yesterday. A close below 20-day DMA levels indicates weakness in a stock. Here are few more technical details about the stock and nine others. Ispat…

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+ve 30 DMA    50 DMA    150 DMA    200 DMA
-ve 30 DMA    50 DMA    150 DMA    200 DMA

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