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UFLEX Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock facing strong resistance at current levels, Strength expecting in UFLEX once stock closes above 145. (Updated On 20th August 2014, Wednesday).


UFLEX




  • UFLEX has formed bearish candle pattern in daily chart as shown in graph no1 , by looking at chart closely whenever stock gave bearish candle pattern we witnessed selling after that. Close watch as long as stock trades below 145 it will favor bears as per candle pattern once closes above 145 stock to favor bulls.
  • As per graph no2 stock is moving up from 50 days moving average support zone , as long as stock holds above it will be favored by bulls, chart also indicates stock is finding strong trend line resistance around 145 , once closes above 145 bulls will get active and we can see some bull rally in Uflex.
  • As per graph no3 stock major trend indicator "MACD" has now turned +ve and moving above level 0 this indicates stock can move up, If stock moves up from current level then on upper side will find next strong resistance around 154.50 its 161.8% fibonacci retracement. Close Watch.
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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

.