- TATA POWER has formed descending triangle formation in daily chart, which indicates if stock comes out from its formation on down side then weakness expecting in TATA Power,
- Daily chart also indicates stock is facing strong 38.2% fibonacci retracement support at current levels if stock closes below 98.50 then weakness expecting and stock will find next strong support around 95.50 & 91.50 its fibonacci retracement.
- Suggested reading - Bharti airtel on the verge of bullish breakout.
- Daily chart also indicates stock is facing strong 100 days moving average support at current levels, once stock starts trading below 100 days moving average it will favor bears. Close Watch.
- Click here to see all the trading reports (tips) published by us on TATA POWER (as per technical analysis point of view).
We at Tips On Share Blogspot provides free stock tips on US stock market like NASDAQ, Dow Jones, S&P 500 and Indian Stock Market. Free Intraday tips Stock tips and share price chart on almost every stocks of India and on New York stock exchange. We daily update Stock Tips with the help of Technical Analysis. We also provide technical analysis chart on Forex, Indian currency, mcx, ncdex and us stock market listed companies and Companies of India with outlook for today and tomorrow.
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TATA POWER Share Tips, Technical Analysis Chart, Stock trading Graph - Stock has formed descending triangle formation, and now trading at strong support, Selling expecting if closes below 98.50. (Updated On 31st July 2014, Thursday).
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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
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
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