Is ARABIAN PETROLEUM in uptrend or downtrend?

In the short term price movements in ARABIAN share indicates the market is rangebound and indecisive, playing ping pong between levels.

What is ARABIAN PETROLEUM share price forecast for tomorrow?

In NaN stock current resistance level is at 74 and support level is at 69. Though market is closer to support level there are good chances till these ranges are broken, market would stay Sideways.

What are ARABIAN PETROLEUM support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For NaN in the short-term, the supply zone around 74 and 70. Hence, good chances of resistance around 70. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for NaN share is around 69 and 70. Hence, good chances for support around 70.

Why is ARABIAN PETROLEUM share price falling today?

Perhaps ARABIAN stock is just having volatility. It can be viewed as an opportunity, unless overall long term trend and mid term trend is Bearish.

ARABIAN PETROLEUM Share Price | Forecast Analysis

Analyzing Market Data

Analyzing Market Data