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DISHMAN PHARMA Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - stock moving in a up channel formation, but current facing strong resistance around 162, further strength expecting once Dishman Pharma closes above 162. (Updated On 03rd September 2014, Wednesday).


DISHMAN PHARMA





  • Dishman Pharma current chart indicates that stock is moving in a up channel formation, so as long it moves in a channel pattern it will be favored by bulls. Breaking it up pattern on down side will indicates weakness.
  • As per candle studies showed in chart no2, stock has given bearish candle as witnessed selling from highs, this indicates that Dishman will favor bulls once it closes above its recent high @ 162, till then bulls may not find clear direction.
  • As per graph no3, Stock is trading above its 20 days moving average this will favor bulls but facing resistance at upper bollinger band around 162, once closes above it upper bollinger band indicates further strength for dishman.
  • If sock moves up from current levels and closes above 162 then bulls can have strong grip in this stock and looks bulls for  next few trading days. After that stock will find next strong resistance around 180 its 161.8% fibonacci retracement as shown in graph no4. Close Watch.
    • Intraday stock trading pick - close watch when Dishman starts trading above 162 during trading hours, if holds above 162 then intraday bulls action is expecting.
  • Click here to see all the free trading reports (tips) published by us on DISHMAN PHARMA.
  • Free intraday 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

.