Intraday Tips- Technical Overview Tuesday 7 June 2011

[roma73]

BPCL
The stock is moving in a bearish trend currently. It managed to breach its support level and made a low of 610. Its next support is at 599, breach of which will continue its bearish trend.
Resistance2- 626.28, Resistance1- 619.17, Pivot Point 614.58,
Support1- 607.47, Support2- 602.88
LARSEN AND TOUBRO
L&T showed upside movements in today's trading session also and made an intraday high of 1736.05. The stock now has resistance level at 1767 and support level at 1650. In short term it is expected to remain positive and to test its resistance level.
Resistance1- 1757.93, Resistance2- 1742.87, Pivot Point 1720.98,
Support1- 1705.92, Support2- 1684.03
SESA GOA
After making a high of 294.55 it is continuously moving in a downward trend. It is now taking support at 278 and resistance at 290. It is now trading at....read full post

Source:- http://stock-intraday-tips.blogspot.com/