Tuesday, May 10, 2011

SKS Microfinance Ltd 15 Mins Technical Charts 10 May 2011


SKSMICRO today surged 10% and ended at 298.60 after touching days’ Low at 262. It is now looking overbought on 15 mins technical Chart>major Momentum indicators are  showing weakness and indicates that it is only a Dead-Cat Bounch from its lower levels.We are still Bearish on this Scrips.

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