Thursday, November 14, 2019

Diamond : Technical View : 15.11.2019

Diamond : Technical View : 15.11.2019



* On the daily chart, the price closed with negative note during the last session.

* Moreover, It has also moved above the 21*50 days SMA’s and Parabolic Sar, which
signifies bullish strength for short term.

* Furthermore, the price has sustained above the Falling Trendline, which adds support in the
counter.

* Momentum indicators RSI(14) has shown positive crossover, which indicates bullishness.

* With these technical analysis; we expect bullish move on the counter.