tayalsmith
Short

IMT analysis

3 0 0
IMP-TOBACCO PLC             SELL
TARGET 3410
The Major trend of IMP-TOBACCO PLC             is showing strength for selling. If it breaks the Support level then one can initiate selling position in the stock.
Support level of 3490 Target of 3410 with the stop loss of 3570

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

INDICATORS:-
RSI is trading near to 48 levels with -ve bias, in upcoming session downside movement is expected.
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