Analyst Research Report Snapshot

Title:

Himadri Chemicals & Industries weakens below MAP

Price:

$5.00

Provider:

News Bites Pty Limited

Date:

23 Oct 2012

Pages:

18

Type:

AcrobatPDF

Companies referenced:

HMCH.NS

Available for Immediate Download
Summary:

Himadri Chemicals & Industries Ltd (HCIL), India's 4th largest coal company by market capitalisation, has dropped below its trend. The 200-day moving average price (MAP) is Rs35.06. The price to 200-day MAP ratio is 0.86, a bearish indicator. In the past 200 days this ratio has been under 0.86, 1...

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