GTL Ltd CMP 20.7
-- Fallen from Jul 10 high of 477 to low of 10.05 Sep 15.
From there it went to high of 18.60 on Jan 16.
It then retraced to higher low of 10.65 on 3 Jun.
As it gave higher low now it went to higher high 20.7
Since 2011 it is breaching monthly long term EMA 1 st time.
Though it was 20 % up today, volume is drying.
Expect retarcement up to 13, chance to enter
The market does speak ...... we only have to listen.
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Disclaimer: Investors/traders should carry out their own study and research, and exercise caution before acting on these recommendations.
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