Intraday Momentum Index (IMI)
CASTROLIND (Castrol India Limited) SELL BELOW 149.8CASTROLIND (Castrol India Limited) SELL BELOW 149.8
BRITANNIA (Britannia Industries Ltd) SELL BELOW 3215BRITANNIA (Britannia Industries Ltd) SELL BELOW 3215
TVSMOTOR (TVS Motor Company Limited) SELL BELOW 464TVSMOTOR (TVS Motor Company Limited) SELL BELOW 464
DRREDDY (Dr.Reddy's Laboratories Ltd) SELL BELOW 2746DRREDDY (Dr.Reddy's Laboratories Ltd) SELL BELOW 2746
PIDILITIND (Pidilite Industries Limited) BUY ABOVE 1415PIDILITIND (Pidilite Industries Limited) BUY ABOVE 1415
UJJIVAN (Ujjivan Financial Services Ltd) SELL BELOW 272UJJIVAN (Ujjivan Financial Services Ltd) SELL BELOW 272
E/U sell limit 2 h.h and 2 L.L created , possible establishment of a downtrend
() possible retest of zone 1.12309 for resistance in confleunce with fib level 0.618
and down trend line.
berish momentum is strong due to the angle of the trend line, wish adds to my bearish bias.
