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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