Indsil Hydro Power & Manganese Continues Significant Downtrend
Investing News Network - November 23rd, 2011
Hydroworld reported that shares of Indsil Hydro Power & Manganese (BSE:522165) declined for a second straight day.
Hydroworld reported that shares of Indsil Hydro Power & Manganese (BSE:522165) declined for a second straight day.
As quoted in the market news:
The price was down on higher volume today. There have been four such events of Distribution in the last three weeks. Combined with the fact that the last price of Rs26.40 was lower than today’s mid-bounce price [average of price high and price low] of 26.6 is a bearish signal.