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ASIAN PAINTS Stock Tips - Will be finding strong resistance around 605 & 620. (Updated On 01st July 2014, Tuesday).






  • ASIAN PAINTS gave a good move after breaking its double bottom formation as mention in our previous report (Click to see report on - Asian Paint).
  • Stock is now on run daily chart indicates that so far stock will favor bulls and will find strong resistance 161.8% fibonacci retracement around 605.
  • Weekly chart indicates Asian Paints will find strong fibonacci retracement and trend line resistance around 620. As shown above.
  • Monthly chart indicates stock is moving in a long up channel and will still favor bull. But again will find resistance around 620. Close Watch.
  • Past report you may find interesting to read - Gitanjali Gems.









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What is Intraday Tips ?

Q. What is Intraday Tips / Inraday Trading / Delivery trading.

A. There are basically two types of trading on stock market--
1- Delivery
2- Intraday

Delivery trading is one in which shares are bought and can only be sold after they are delivered by the broker.that means that they cannot be sold the same day , and delivery takes two to three days after they are bought and then they are ready to be sold.

Intraday trading which takes place for that very particular day and there is no delivery..they can be bought and sold the same day...and are automatically sold at the end of the trading session if you have not sold it by yourself during the trading session. The person who suggest such types of forecast is called

Intraday Tips

.