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Friday, February 18, 2011

Fedders Lloyds Corp: Falls Back Below Resistance


FEDDERS LLOYDS CORP. Daily NSE Stock Chart Technical Analysis:


FLC fell again today and closed at 77.65

Market Outlook:

  • The price now seems headed downwards, should find support at 73.
  • भाव फिर से गिर रहा है और रेसिस्टांस के नीचे चला गया है, अब ७३ पर सुप्पोर्ट मिलना चाहिए 

Technical Indicators:

  • The price has fallen back below its diagonal resistance with a bearish engulfing candlestick pattern and the indicators are saying that it might not be possible for the price to climb above this diagonal resistance anytime soon.  Somewhere in the first week of March '11, the price will face a decision point at Rs. 74 if the price remains in the current triangular price range until then.

All posts related to Fedders Lloyds Corp


FEDDERS LLOYDS CORP. Daily NSE Stock Chart Technical Analysis

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