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We at Tips On Share Blogspot provides free stock tips on US stock market like NASDAQ, Dow Jones, S&P 500 and Indian Stock Market. Free Intraday tips Stock tips and share price chart on almost every stocks of India and on New York stock exchange. We daily update Stock Tips with the help of Technical Analysis. We also provide technical analysis chart on Forex, Indian currency, mcx, ncdex and us stock market listed companies and Companies of India with outlook for today and tomorrow.

REC LTD Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock is facing strong support at current levels, A strong tug of war between bulls and bear at current levels. Close Watch. (Updated On 07th August 2014, Thursday).

REC LTD

REC LTD is facing strong 38.2 % fibonacci retracement support at current levels, which indicates as long as stock holds its support around 297 it will favor bulls and stock can move up. But if closes below 297 and stays below then further weakness is expecting in REC LTD for next 1-2 trading days.

Intraday close watch if REC starts trading below 297, if stays below then bears will give some action in this stock.
Suggested Reading - ESSAR OIL holding strong at current levels further buying expecting if beaks resistance.

REC graph no 2 also indicates stock is facing strong support 50 DMA and 161.8% fibonacci retracement if closes below 297 then moving average also indicating weakness.
If stock moves up from current levels then on upper side will find strong fibonacci retracement resistance around 317, 330, 340 & 350.
Click here to see all the free trading reports (tips) published by us on REC Ltd.
Free share market trading tips.

3 comments:

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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

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