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LIC HOUSING FINANCE Stock Analysis - Stock on the verge of breaking its golden ratio resistance. (Updated On 07th July 2014, Monday).





  • LIC HOUSING FINANCE facing strong golden ratio fibonacci retracement resistance at current levels (around 332)., which indicates once close above its resistance then will favor bulls and can move up further as long as stays above its resistance Golden ratio).
  • Daily chart also indicates stock is now trading above 20 days moving average , trading above will favor bulls as long as holds above.
  • Weekly chart of LIC HOUSING FIN indiciates stock is moving up from strong support 23.6% fibonacci retracement as wells as previous resistance which is now acting as a major support for LIC, so far no sign of weakness in weekly chart so short term trend looks good and will favor bulls as long as holds above.



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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

.