The 14-day ADX for Thangamayil Jewellery Ltd suggests a strong trend

Kentwood Post, an independent finance and global news site, infers the 14-day ADX for Thangamayil Jewellery Ltd (THANGAMAYL.BO) is 36.01. Many technical chart analysts believe that an ADX value over 25 would suggest a strong trend. A reading under 20 would indicate no trend, and a reading from 20-25 would suggest that there is no clear trend signal

Reference:

1. Kentwood Post analysis.

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