Is LOYAL TEXTILE MILLS in uptrend or downtrend?

In the short term price movements in LOYALTEX share indicates the market is Bearish but has taken halt for sometime.

What is LOYAL TEXTILE MILLS share price forecast for tomorrow?

In Loyal Textile Mills Limited stock current resistance level is at 212 and support level is at 189. Though market is closer to support level there are good chances till these ranges are broken, market would stay Bearish.

What are LOYAL TEXTILE MILLS support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Loyal Textile Mills Limited in the short-term, the supply zone around 212 and 210. Hence, good chances of resistance around 210. 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 Loyal Textile Mills Limited share is around 189 and 190. Hence, good chances for support around 190.

Why is LOYAL TEXTILE MILLS share price falling today?

Latest analysis on LOYALTEX stock suggest, as per it's price structure, it is making lower highs and lower lows on intraday charts. This represents bearishness. That's why LOYALTEX stock is having a fall today.

LOYAL TEXTILE MILLS Share Price | Forecast Analysis

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