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SAIL Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock facing strong trend line support around 80, Weakness expecting if closes below, till then stock can move up. (Updated on 26th August 2014, Tuesday).


SAIL





  • As per previous report published on SAIL, stock moved up from support @ 81 and made a high around 92. (Click here to see previous report published on SAIL).
  • Now current chart indicates that stock is again finding support around 80 its trend line as shown in graph no1. As long as stock holds above it will favor bulls, but once SAIL closes and stays below 80 then bears will get active and we may see some weakness for next few trading days.
    • Intraday tips for tomorrow - Close watch once stock starts trading below 80 during trading hours, if holds below 80 then intraday weakness in expecting.
  • As per graph no2 stock is trading below 100 days moving average this indicates weakness , by looking at chart closely stock took its 100 DMA support from last 2 times and bounced back but this time its trading below 100 DMA, this signifies weakness as long as trades below.
  • As per graph no3 if stock closes and stays below 80 then SAIL will next strong support around 75 its 161.8% fibonacci retracement.
  • Even stock major trend indicator "MACD" is movig in -ve zone and below level zero this will favor bears , and other indicator "RSI" is moving above 30 levels this indicates stock is not in oversold zone and no problem from RSI if stock falls.
  • Click here to see all the free trading reports (tips) published by us on SAIL.
  • Stock tips for Indian shares.

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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

.