Indo Agri’s down trend is confirmed after showing a “Lower High, Lower Low” chart pattern. In addition, Indo Agriculture is trading below 20D, 50D and 200D MA. 20D MA has also crossed down 200D MA which is a bearish trend. Next support is $2.14.
IndoAgri: Down Trend Confirmed!
- Post author:Marubozu
- Post published:March 13, 2011
- Post category:IndoAgri
- Post comments:0 Comments