Advertisement

SADBHAV ENGINEERING Stock Analysis - Stock stuck in a range bound zone with some bullish indication. (Updated On 14th July 2014, Monday).





  • SADBHAV ENGINEERING stock stuck in a range bound zone in daily chart, Which indicates once Sadbhav Eng. comes out from its range either closes above or below will give sharp move close watch.
  • Daily chart also indicates stock broke its range then touched 50 days moving average and again come back to its range zone. as shown above.
  • Weekly chart indicates stock is on bull run after making bullish breakout and also moving up from 10 weeks moving average as shown above, close watch if stock closes above its range in daily chart (215) and stays above then will find next strong 161%  fibonacci retracement resistance around 228.
  • Stock Was On News 10/07/14 - Sadbhav Vishnushiva, the joint venture led by the company received project work from South West Mining, Barmer, Rajasthan. The company has 75 percent share in joint venture and the order is worth Rs 150 crore.



No comments:

Post a Comment

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

.