18 Jun 2014 15:52
The primary trend of Alliance Trust Plc is bullish but from last few trading session it did not manages to sustain at higher level & forming distribution pattern with the low volume. Stock is manages to sustain below the trend line with negative bias breaching of it's near support level i.e.445 it can show downward movement and can test the level of 439 & 200 DMA is acting as good stop loss level i.e. 450.