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INTRADAY STOCK TIPS FOR 7 JAN 2011


Intraday Stock Tips 7 January  

NTPC Ltd.

ACTION  TRIGGER PRICE  STOP LOSS  TARGET 1  TARGET 2 
BUY AT             202               200              205           207 

NTPC Ltd. Technical View for 7 Jan 2011

NTPC in today's trading session manages to trade and close above the 10 days and 50 days moving averages from the last few trading session it was moving sideways in today's trading session it was up by 1.25 %. It is now taking support at 189 and resistance at 209. It is looking bullish in the coming trading session one can go for the long position in it at 209 else below 189 it would might be in a bearish trend.

Support - 189 Resistance - 209

ACC Ltd.

ACTION  TRIGGER PRICE  STOP LOSS  TARGET 1  TARGET 2 
SELL AT         1022.55           1035           1005          998 

ACC Ltd. Technical View for 7 Jan 2011

After making a high of 1098.35 it is continuously moving in a downward trend in today's trading session it is manages to trade below the 10 days and 50 days moving averages and it was down by 3.93 % from this level further low side movement would be expected. It is looking bearish in the coming trading session if it manages to trade below the support level of 983 else it has resistance at 1069 above this level it would be in an upward trend .

Support - 983 Resistance - 1069  

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Intraday Tips Updated at: 10:58 PM
 
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