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AMTEK AUTO Share Tips, Technical Analysis Chart, Stock trading Graph - Stock moving up from strong support, Buying expecting once AMTEK AUTO closes above 272.50. (Updated On 06th August 2014, Wednesday).


AMTEK AUTO




  • AMTEK AUTO moving up from from strong 23.6% fibonacci retracement support zone as shown in chart no 1. This indicates as long as stock trades above it will favor bulls.
  • Daily chart also indicates stock is moving up from 50 days moving average support, as long as stock trades above it will favor bulls. and chart also indicates stock is now facing strong trend line resistance around 272.50, if Amtek Auto closes above 272.50 and stays above then further strength is expecting for next 1-2 trading days.
    • Intraday close watch once AMTEK AUTO starts trading above 272.50 if stays above with volumes in Intraday then intraday bulls action is expecting in AMTEK AUTO.
    • Suggested Reading - ESSAR OIL on  the verge of bullish breakout
  • If stock closes above 272.50 and stays above then stock will find next strong resistance around 310 its 161.8% fibonacci retracement as shown in chart no 3. close watch.
  • Click here to see all the trading reports (tips) published by us on AMTEK AUTO (as per technical analysis point of view).
  • Tips On Share
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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

.