Jul 15, 2015 - PENIND Hits the Top of the priceSeries Medium Term Trading Channel
PENIND:NSE closed at 54.95 after hitting the Top of the Medium Term Trading Channel at 56.34.
The Daily Top Bollinger band is at 57.16 and has been pierced by today's high of 57.40. Investors should be ready for a potential price reversal.
For more information on Trading Channels please visit http://www.priceseries.com