"ANL" Azgard Nine Limited Mid Term Aanlysis 19 Feb 2013
"ANL" Azgard Nine Limited Bullish Bais above 7.40 Our Prefrence: buy ANL as long as 7.40 and 7.51 are sustained as supports with target at 7.95 and 8.13 Alternative Scenario: Downward breakage of 7.40 can push ANL towards 7.10 and 6.39 Note: ANL is recovering from its 50% Correction but is still capped by a bearish trend line at 7.98, and second one at 8.14 Closing above 8.14 can give a strong bullish trend towards 8.45 and 9.00. its getting strong support at 7.40 from a trend line of a traingle and also 100 days moving average. breakage of either side of this traingle can set mid term trend of ANL. as right now its attractive to buy above 7.40 but with strict stop loss.RESPONSIVE 12 CSS 3 HTML 1 JAVASCRIPT 28 DESIGN 6 DEVELOPMENT 3
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John Doe
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