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ARVIND LIMITED Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock moving up from strong support zone, upper side will find strong resistance around 245 and 247.50.(Updated On 19th August 2014, Tuesday).


ARVIND LIMITED




  • ARVIND LIMITED is moving in a up channel formation as shown in graph no 1, this indicates as long as stock moving in a up channel formation it will be favored by bulls. And sharp down move is expecting if Arvind comes out from its formation on down side. Close watch.
  • As per graph no 2, stock is holding its 50 days moving average, by looking closely chart indicates that from last 6 times stock took its 50 DMA support and stock moved up, even this time also Arding is testing it support, If arvind closes and stays below 50 DMA then stock will give first sign of weakness.
  • As per graph no 3 stock will find strong trend line resistance around 245 and 247.50, if stock closes above its trend line resistance then Arvind will find next strong resistance around  277 its 161.8% fibonacci retracement.
  • Click here to see all the free trading reports (tips) published by us on ARVIND LIMITED.
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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

.