FBMSCAP broke the support again.

This index is a good index to monitor which indicate to temporary stop bulling the 2nd/ third tier companies..

Indicators

1 ) Trendline - below the downtrend line .. ( Bearish )
2)  Support/Resistance - Broke below the previous low at 11695 ( Bearish ) 

3) MACD -Bearish Crossover and 4G3R  ( Bearish )
4) RSI - Broken below 30% (Bearish) ,

5) STO - Broke below 20% and bearish crossover (Bearish)
6) Ichimoku -  a) Price coming entering from the support cloud (Bearish).

                       b) Conversion line  below the base line (Bearish).
                       c) Price close below the baseline ( Bearish) .
7) Candlestick pattern - Black Candle  (Bearish).

Conclusion:

Bearish

Testing the next support at 11596 which is next lower low..

Resistance-  11695 / 11757 / 11905 / 12107 / 12187

Support -   11596 / 11475 / 11354