Friday, March 31, 2017

Technical Analysis of AMD Industries Limited (NSE India) on 31 March 2017

Technical Analysis of Indian Stocks: AMD Industries Limited (NSE India) on 31 March 2017

This is no buy/sell recommendation – just a trial to see if Technical Analysis (works to an extent) in NSE – India.

First let us look into the Technicals: It seems AMD’s supply is exhausted at 26.50 for the moment. It has broken a down trend line and is out of the BB.

Prediction: A small down move followed by a run to 32+ could be expected (SL @ 27.90).



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