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Share Tips for Tomorrow- Technical Overview Thursday 16th June 2011

Discussion in 'Stock Market News & Analysis' started by rohans305, Jun 15, 2011.

  1. rohans305

    rohans305 Member

    May 4, 2011
    Likes Received:
    It is now taking support at 557 and resistance at 571. 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 571 else below 557 it might be in a downward trend.
    Resistance2- 572.33, Resistance1- 568.12, Pivot Point 562.58,
    Support1- 558.37, Support2- 552.83
    After a continuous downtrend in the stock, it moved up during the trading hours and showed some recovery. The stock is now facing resistance at 1001 and has support at....click here to read full post

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

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