Re: Ispat Industries
Hi esveepee,
ISPAT INDS:Looking ugly for now..........closing today on 18.15.At present we are having a lower pivot high on the monthly and the weekly,a breakdown below 17.10 confirms a downtrend......if the 17.10 levels break down,nope,not likely to see recent highs,let alone all time highs in the near future.
Stay away from this one for now.........!!
Saint
esveepee said:
Why is this stock stagnating around 20 when it is fundamentally sound? Is it likely to pick up in the near future?
ISPAT INDS:Looking ugly for now..........closing today on 18.15.At present we are having a lower pivot high on the monthly and the weekly,a breakdown below 17.10 confirms a downtrend......if the 17.10 levels break down,nope,not likely to see recent highs,let alone all time highs in the near future.
Stay away from this one for now.........!!
Saint