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ASIAN PAINTS Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock facing strong support at current levels, weakness expecting once Asian Paints closes below 605. (Updated On 22nd April 2014, Friday).


ASIAN PAINTS




  • As per previous report published on ASIAN PAINTS stock gave a sharp up move after breaking its resistance @ 605 and stock made a high around 650 after that. (Click here to see previous report published on ASIAN PAINTS).
  • As per graph no 1 technical indicates that Asian paints share facing strong support around 605 its fibonacci fan and fibonacci retracement, close watch if share failed to move up and closes  and stays below 605 then further weakness expecting for next 1-2 trading days and share will find next support around 598 its golden ratio support.
  • As per graph no2 Asian paints is coming down from strong trend line resistance and now facing strong trend line support, if breaks it with volumes then we can see some bears action.
  • As per graph no3, Stock is also facing 50 days moving average support zone, if starts trading below its 50 DMA then it indicates weakness in Asian Paints. Close Watch.
  • Click here to see all the free trading reports (tips) published by us on ASIAN PAINTS.
  • Visit our blog daily for free day trading tips on Indian stock market.


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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

.