[sharetrading] PUNJ LOYD

 

Though there is such good news flow in this stock and as I presume, much below IV, what is restricting this stock movement?

It needs to hit 173 high, to indicate, down side is limited……….

Charts indicate however, bulls gaining power, but bears still in command……

For 2 weeks 162 has proven to be a good support………….. Dip below this and a rise will indicate a true bottom….and worth a pick…

CMP near 165.

Reversal will be complete on breach of 192 only.

 

Abe

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