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Share Tips for Tomorrow- Technical Overview Friday 17th June 2011

Discussion in 'Stock Market News & Analysis' started by rohans305, Jun 16, 2011.

  1. rohans305

    rohans305 Member

    May 4, 2011
    Likes Received:
    It is now taking support at 555 and resistance at 587. The stock is trading in a short term up trend and in today's trading session it manage to trade and close above the 10 days and 50 days moving averages. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 587 else below 557 it might be in a downward trend.
    Resistance2- 596.87, Resistance1- 585.68, Pivot Point 570.82,
    Support1- 559.63, Support2- 544.77
    The stock has successfully tried to take support at lower levels and had an upward rally. Its next resistance is at 2247, crossing of this level may bring some more upward movement in the stock. One may go for the long position till it breaches its support level of....click here to read full post

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

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