Alfa Laval - Stock Correction

Alfa Laval has seen some correction in its prices, since it reached its second target. Some notes in this correction

• Volumes from the Accumulation Distribution chart indicate that the stock has corrected on very small volume movement.
  
• MACD has turned to a 'sell' signal and RSI has seen some rapid downside.
  

Targets for the stock would be currently at Rs. 800 on the downside. A reaction for the stock can take it back to Rs. 905. For the meantime, this is a wait and watch the downside, if it exists.