- Daily chart indicates that VIP IND holding its 50 moving average support as shown above. Stock is currently facing its strong trend line resistance around 119, if stock closes above 119 and stays above then stock to favor bulls for next 1-2 trading days.
- Intraday close watch once stock starts trading above 119 , if stays above with volume then can see some bulls action in VIP.
- Weekly chart also indicates that stock is currently facing strong trend line resistance around 119 and above 119 stock will next strong trend line resistance around 128 as per weekly chart.
- Daily chart indicates if stock moves up from current levels then will find strong trend line resistance around 126 and after that next resistance around 129 - 161.8% fibonacci retracement ( as shown above in chart no.3). close watch.
- Click here to see all the reports (tips) published by us on VIP INDS (as per technical analysis point of view).
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VIP INDS Share Tips, Technical Analysis Chart - Stock facing strong trend line resistance at current levels, further buying expecting once VIP INDS closes above 119. (Updated On 28th July 2014, Monday).
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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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