Mundra Port – Stock rising, Bulls gaining momentum

Mundra Port – Stock rising, Bulls gaining momentum
Mundra Port and Special Economic Zone ltd. Symbol: MUNDRAPORT Suggestion: Buy Open             401.30 High              451.60 Low               401.30 Last Price    438.60 Fig. 1: Price movement - Mundra Port The current movement of the stock price is shown in fig. 1. Further, there are 3 lines drawn that are helpful in figuring out the current trend of the stock. These 3 lines are the SMAs as mentioned in the figure. As the SMA(4) line is above all other lines, the trend is Bullish. Therefore, the stock price is expected to increase in the coming sessions. This is further supported by other tools,...

By iBlogger On 14 May 2009 Continue Reading ... Comments (2)

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