Earnings Analysis News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The new pricing policy by the CCA from July 2024 onwards may have some impact in the near term, but the management appears confident that it can sail through 

Specifically, I stated: “The market is trading well into 3-standard deviations above the 50-dma, and is overbought by just about every measure.  Such suggests a short-term “cooling-off” period is likely. With the weekly “buy signals” intact, the markets should hold above key support levels during the next consolidation phase.”   As shown above, that is what is currently occurring. While the market remains in a very tight range, the  “money flow” sell signal  (histogram) are rapidly declining on rallies which is a concern. While it is confusing to have contradicting “ b...

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