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Saturday, 22 December 2012

ITC

This stock has given gud returns in two years. In these two years, the stock has not broken the trendline. So, it tested 281 on Friday  but if it would have broken that and of course closed below 288, then stock would have been a must watch for Short-sellers in the market.

 However, it manged to close above 281 with good volumes. Now, it has to seen for 1 or two days the closing prices keenly.

Resis -  292 / 294 / 298
Supp  -  281 / 277

2 comments:

  1. how was the call..... did anyone benefit... watch out for this stock

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  2. wow... i m sure no one tracked this call... did u see how the stock fared.. though markets were up but this stock went on down





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