Sunday, October 31, 2010
Mainly sideways movement . The prices are above 200 sma but below 50 sma,being a high beta stock ,it does not gives clear signals with the bearish or bullish cross of these long term moving averages in the sideways movement.
Volume Profile :
The 10 d Profile shows a clear resistance at 90 levels.The upmove can develop only after the bounce settles above this.This level is also Ema resistance zone.