The Major trend of NGLO-AMERICAN PLC it is showing strength for selling.
If it breaks the then one can initiate selling position in the stock.
of 229.50 Target 219.50 with the stop loss of 229.50
Stock is trading in a range and trading near the . Breaking the support line will lead to downside movement. Stock is trading below the 50 DMA with negative bias.
is trading near to 40 levels with negative bias, in upcoming session downside movement is expected.
and Signal line is sustained below the zero level line.