Sunday, November 24, 2019

Diamond : Technical View : 25.11.2019

Diamond : Technical View : 25.11.2019

Join Whatsapp 9841986753 
Whatsapp Number : 91-9094047040 / 91-9841986753


On the daily chart, the price closed flat during the last session.

However, It has sustained above the 21*50 days SMA’s and Parabolic Sar, which signifies power to the bulls.

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

Momentum indicators MACD has crossed above the zero level, which indicates bullishness.

As per the above technical structure; we expect bullish move in the counter.