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INDNIPPON-TREND FOR MEDIUM-LONG TERM


UP- 33 Probability ratio of INDNIPPONDOWN-42
Updated-May/23/2013-CMP-171.0 Overall trend of the share is bearish for medium-long term.Currently share is showing some down move and trend is strong momentum is also showing strength and supported with good volume Caution note selling at lower levels seems decreasing Support for the share is 170.2-168.7-168.6-167.7- Resistance for the share is 173.6-
NOTE-Share comparitive performance is not up to market . The oscillator is showing SELL signal Candle Pattern shows some weakness For long term share is in SELL level .Currently share is in SELL position.The medium sell signal is supported by 80 % indicators and long sell signal is only supported by 40 % indicators.
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