Archive for September 30th, 2010

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Technical Analysis – Financial Technologies (India)

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September 30, 2010

The stock nose-dived 11 per cent on Friday with heavy volumes after the market regulator turned down MCX Stock Exchange’s application to offer trading in equities, debt, and derivatives segment. The stock has tumbled 14 per cent over the week and is hovering well below its 50 and 200-day moving averages. Since January 2010 peak [...]