Advertisement

COAL INDIA Share Tips - Stock facing strong support at current levels, hope line for bulls as per Technical Analysis point of view. (Updated On 17th July 2014, Thursday).





  • COAL INDIA facing strong trend line and 38.2% fibonacci retracement support level, chart indicates stock can move up from current levels as long as hold this support line.
  • Daily chart also indicates stock is also facing fibonacci arc support and will trying to move up from current levels, this will favor bulls.
  • If fails to take this support (around 353), and if close below and stays below 353 then further selling is expecting in COAL (I) and stock will find next support around 333. Close Watch.





Posted by
Labels: , , ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Advertisement

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

.