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Madhav_8055

Midhani : Downtrend and strong bearishness below EMA and RT

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MISHRA DHATU NIGAM (NSE:MIDHANI)  
Madhav_8055  
NSE:MIDHANI   MISHRA DHATU NIGAM
Trend Analysis Chart Patterns Beyond Technical Analysis
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trendanalysis chartpattern beyondta
As all stocks show bearish view this was also expected and was going along with markets with a clear downtrend by monthly, weekly and daily charts. NRC and NCC at MDT and WDT will strongly recommend a bearish view. Entry points may take place after breakout of UT and EMA which confirms the selling pressures.
Along with this technical analysis market sentiments of extending lockdown to May 3rd also show a bearish view on this stock.
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