Website review: Scrip in Focus: United Phosphorus -...
harshnii discovered this in Business
•1 reviews since Jul 3, 2008
business
•sify.com/finance/fullstory.php
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harshnii discovered 7 weeks ago- We recommend a sell in United Phosphorus from a short-term perspective. It is evident from the charts of United Phosphorus that after an uptrend (from its March low) the stock encountered resistance at around Rs 360 in May level and commenced a medium-term decline. During this downtrend, the stock crossed below the 21 and 50-day moving averages one after another.
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