tayalsmith
Long

IMT levels

IMT
3 0 0
imt
IMP- TOBACCO PLC             BUY
TARGET 3655
The Major trend of IMP- TOBACCO PLC             it is showing strength for buying. If it crosses the resistance level then one can initiate buying position in the stock.

If it cross the level of 3606 then it can test level for the target of 3655 with the stop loss of 3565

CHART FORMATION:-
Stock is trading in a range and trading near the trend line . Breaking the resistance line will lead to upside movement. Stock is trading above the 50 DMA with positive bias.

INDICATORS:-
RSI is trading near to 67 levels with positive bias, in upcoming session upside movement is expected.
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