TARGET 369.50
The Major trend of KINGFISHER PLC it is showing strength for selling If it breaks the support level then one can initiate the selling position in the stock.
Support level of 372.50 with the stop loss of 375.50.
INDICATORS:-
RSI is trading near to 55.20 level with -ve bias, in upcoming session downside movement is expected.
MACD and Signal line is sustaining below the zero level line.
Skype tayal.smith1
The Major trend of KINGFISHER PLC it is showing strength for selling If it breaks the support level then one can initiate the selling position in the stock.
Support level of 372.50 with the stop loss of 375.50.
INDICATORS:-
RSI is trading near to 55.20 level with -ve bias, in upcoming session downside movement is expected.
MACD and Signal line is sustaining below the zero level line.
Skype tayal.smith1