NSE:IMFA   INDIAN METALS & FE
Scrip can be entered for SHORT post confirmation as it can attract selling pressure after posting unpleasant results --
http://www.moneycontrol.com/news/busines...
Enter below 635
TP - 628, 620, 600, 570, 550
MACD Short term average has already gone below long term average (Death Cross)
Comment: Scrip can be entered for SHORT post confirmation as it can attract selling pressure further after posting unpleasant results again for Q4 with PAT at 4.0 cr fallen at 94.05% along with sales crackdown

MACD short term average can already be seen retracing back before crossing long term average

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