Friday, November 17, 2017

Plantations couldn't extend

Plantations tested the resistance area around 990 yesterday, but couldn't extend. The chart that was posted is given below:
The present low is 944 points, and would be nice to see it is held. Failure to do so, it will find support in the channel between 899 and 956. Expectations of a growth in the Profits of Plantation Stocks will keep the index at a higher low, which is very bullish. Let's see what's that Higher Low going to be.


No comments:

How Algos React Faster Than Humans in the US/Israel vs Iran Conflict

 In the five weeks since hostilities began in the Middle East, financial markets have displayed a striking and recurring pattern. Within sec...