This blog is purely for education purpose by using actual daily securities data through Technical Analysis. It is purely author opinion and record purposes. There is no suggestion to buy and sell any securities.
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Saturday, 15 March 2014
Benalec is a down trend stock
BENALEC is a down trend stock.
Forming bearish chart pattern since last year Jun 2013 with lower high, and lower low.
Descending triangle spotted (Lower Highs and Same Lows),if the support for the 20MA broken again. it will move further down.
Watch out for this if you are in position.
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