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ASHOK LEYLAND Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock moving up from strong trend line and 100 DMA, will favor bulls once closes above 39. (Updated On 23rd August 2014, Friday).


ASHOK LEYLAND




  • ASHOK LEYLAND is currently moving up from strong trend line support as shown in graph no1, as long as stock holds above it will favor bulls but once stock breaks its support line then bears will get active in Ashok Leyland. Technical also indicates that on upper side stock will find trend line resistance around 39, once stock closes and stays above 39 it will be favored by bulls for next 1-2 trading days.
  • As per graph no 2 stock is also moving up from 38.2% fibonacci retracement and 100 DMA support zone , this indicates as long as stock holds above it will favor bulls.
  • As per graph no 3 if stock closes and stays above 39 then bulls will get active, and if stock moved up then on upper side stock will find next resistance around 45 its 161.8% fibonacci retracement.  Close Watch.
  • Click here to see all the free trading reports (tips) published by us on ASHOK LEYLAND.
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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

.