Intraday Stock Tips 6 January 2011
ITC
ACTION TRIGGER PRICE STOP LOSS TARGET 1 TARGET 2
BUY AT 180 179 183 185
ITC Technical View for 6 Jan 2011
ITC trend in today's trading session moving sideways and it was up by 1.30 %. It is now taking resistance at 180 and support at 172. It is looking positive in the coming trading session if it manages to trade and consolidate above the resistance level of 180 else below 172 it would might face more selling pressure.
SUPPORT – 172 , RESISTANCE - 181
BAJAJ AUTO
ACTION TRIGGER PRICE STOP LOSS TARGET 1 TARGET 2
SELL AT 1376 1394 1353 1336
BAJAJ AUTO Technical View for 6th Jan
The stock is moving in a down trend from last a few trading sessions. It today managed to breach the support level and made a low of 1368. Stock is expected to face short term recovery after a continuous down rally.
SUPPORT – 1335 , RESISTANCE - 1485
