Buy above 121Tgt 121.9,122.7 and 125.7
Sell below 117.7 Tgt 116.85,115 and 113
ITC has broken its long term trendline,Stock gave a pullback yesterday but took resistance at its long term trendline at 278.FMCG was the favorite sector of market from past 2 years but breaking of long term support lines in both ITC and HUL does not show good days for sector ahead.
Buy above 278 Tgt 279.7,280.7 and 282
Sell below 276.5 Tgt 274.8,273.5 and 272
LT has again broken its trendline support of 1561,and took resistance at 1558 at pullback seen on yesterday.Move was backed by low volumes as compared to previous days on which fall was seen.
Buy above 1559 Tgt 1565,1577 and 1587
Sell below 1547 Tgt 1537,1530 and 1520