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