"WTCl" Mid Term Analysis 19 Feb 2013
WTCL Mid Term Under Pressure Our Prefrence: WTCL is taking correction but closing below 3.25 can take it towards 3.06 and 2.80 Alternative Scenario: As long as Supports of 3.25 and 3.12 are sustained it can take reversal. Note: WTCL is moving in a upward trend channel and in correction mode is comming to retest its lower boundries, but seems more then expected under presure as its coming down through a daily dark cloud patern and weekly evenign shooting star. on this friday closing below 3.25 can give a serious dip to WTCL towards 2.80 and it will get a strong support there and can be bought at that level with full confidence. At current prices its still bearish and this bearish sentiment can prolong if its 50% correction will be breached.RESPONSIVE 12 CSS 3 HTML 1 JAVASCRIPT 28 DESIGN 6 DEVELOPMENT 3
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John Doe
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