CROMPTON GREAVES Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock has formed head and shoulder pattern , will favor bulls once Crompton closes above 218.50. (Updated On 22nd August 2014, Friday).


  • Crompton has formed head and shoulder formation in daily chart, this indicates once stock comes out from its formation then sharp move is expecting, as per graph no1.
  • Chart also indicates that stock is moving up from 100 days moving average support zone, this shows that Crompton will favor bulls as long as stock holds above, on upper side it will find trend line resistance around 218.50, Once stock closes and stays above 218.50 then it will favor bulls for next few trading days.
  • As per graph no3 if stock moves up from current level and breaks its resistance @ 218.50 then will next strong resistance around 250 its 161.8%  fibonacci retracement. Technical also indicates that stock major trend indicator "MACD" is moving in a +ve zone and also above level zero, this will favor bulls. And another trend indicator "Stochastic Oscillator" is also moving is +ve zone.
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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