Stock - I T C Ltd. has moved below 20 days Exponential Moving Average after 10 days on 02/03/2012
As per Rsi Indicator , I T C Ltd. has given negetive divergence on eod charts. However, recent price moves on 01/03/2012 indicates trend reversal and stock may more fall / correct in near future. Short this stocks below 206 target 195-190. stoploss 212.