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Share Tips for Tomorrow- Technical Overview Friday 10 June 2011

Discussion in 'Stock Market News & Analysis' started by rohans305, Jun 9, 2011.

  1. rohans305

    rohans305 Member

    May 4, 2011
    Likes Received:
    NTPC showed positive biasness today and made an intraday high of 176.25. The stock has support level at 172 and resistance level at 178. In short term it is expected to consolidate with positive biasness. Technically above the resistance level it is looking strong.
    Resistance2- 178.1, Resistance1- 176.7, Pivot Point 174.85,
    Support1- 173.45, Support2- 171.6
    The stock has tried to take resistance at higher levels and is now facing a correction phase. It has next support at 1205; breach of this level will take the stock further downwards.
    Resistance2- 1246.15, Resistance1- 1237.45, Pivot Point 1227.3,
    Support1- 1218.6, Support2- 1208.45
    L&T consolidated with negative biasness in today's trading session also and made intraday low of 1693.55. The stock has resistance level at 1768 and support level at 1680. In short term it is expected to consolidate and remain range bound.
    Resistance2- 1727.87, Resistance1- 1715.28, Pivot Point 1704.42,
    Support....read full post

    Source:- http://stock-intraday-tips.blogspot.com/

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