IDEA CELLULAR Share Market Trading Tips - Stock moving in a range bound zone , Further buying expecting once closes above 150 - as per technical analysis point of view. (Updated On 23rd July 2014, Wednesday).

  • IDEA CELLULAR moving in a range bound zone, which indicates once stock comes out from its range bound zone sharp move is expecting, currently stock is trying to break it on upper side. Once stock closes above 150 and stays above then stock looking bullish for next 1-2 trading days.
    • Intraday close watch once stock starts trading above 150, if stays above then can see bull action.
  • Daily chart also indicates stock will facing 100 days moving average resistance around 150, once stock starts trading above 150 for couple of days the will favor bulls.
  • Weekly chart indicates if stock moves up from current levels then will find next strong fibonacci retracement resistance around 157 & 164. Close Watch.
  • Suggested article to read from our collection - What is sensex.

No comments:

Post a Comment


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