Imperial Tobacco Group PLC (LON:IMT)

[SMR]

Imperial Tobacco Group PLC (Imperial Tobacco) is a tobacco company. The Company’s portfolio consists of Growth, Specialist and Portfolio Brands. Its growth brands include Davidoff, Gauloises Blondes, JPS, West, Fine, News, USA Gold, Bastos, Lambert & Butler and Parker & Simpson. Its specialist brands consist of a range of cigarette, fine cut tobacco, paper, and cigar and smokeless tobacco brands. Portfolio Brands are a mix of local and regional offerings that fulfil a variety of roles. Imperial Tobacco comprises two distinct businesses: Tobacco and Logistics. The Tobacco business comprises the manufacture, marketing and sale of tobacco and tobacco-related products, including sales to (but not by) the Logistics business. The Logistics business comprises the distribution of tobacco products for tobacco product manufacturers, including Imperial Tobacco, as well as a range of non-tobacco products and services.

Official website: www.imperial-tobacco.com

[jonsmith]

Signal

SELL IMPERIAL TOBACCO PLC BELOW 3270 WITH SL OF 3300 TP 3240

[jonsmith]

SELL TARGET 3320

The Major trend of IMPERIAL TOBACCO GROUP PLC it is showing strength for selling .If it breaks the support level then one can initiate the selling position in the stock. If it breaks the level of 3353 then it can test support level for the target of 3320 with the stop loss of 3383.
INDICATORS:-

RSI is trading near to 53.64 level with negative bias, in upcoming session downside movement is expected.

MACD and Signal line is sustaining below the zero level line.

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