Indramedco- Supply Zone in 59-60 Area

59-60 zone is the supply zone. Prices are getting rejected every time they go into that zone & return back with beating.

Not a good stock- looks like it will stay in that zone for a while & once it leaks from bottom then we shall look for medicines for them.

Regards,
Abhishek H. Singh, CMT

Trade active:

17:15 Hrs-18th Sep2016

Reaching Trendline