Sunday, April 22, 2012

SOBHA : Broken the rising trend line.

SOBHA : Broken the rising trend line.
Stock price of SOBHA made a shooting star candlestick pattern on top, thereafter it follow by confirmation of broken the rising trend line.Technical indicator RSI reversal from the overbought level.The price move is likely to contiune down where the next area of support seen around 308-298 levels, on higher side resistance is seen around 342 levels.

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