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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