GIC HOUSING FINANCE Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock moving up from trend line and 100 DMA support, Will favor bulls, Further strength expecting once GIC closes above 181.50. (Updated on 02nd September 2014, Tuesday).

GIC HOUSING FINANCE

• GIC HOUSING FINANCE has formed double bottom formation in daily chart , this indicates that sharp move is expecting once stock breaks is formation on upper side. Stock is finding strong trend line resistance around 181.50 as show in technical chart no1, close watch once stock closes and holds above 181.50 then bulls will have strong grip and we can see some bullish rally for next few trading days.
• Suggested Reading - CROMPTON GREAVES has formed head and shoulder formation, will favor bulls once it closes above its trend line resistance.
• Stock intraday - close watch when stock starts trading above 181.50, if holds above 181.50 during stock market trading hours then intraday bulls action is expecting in GIC.
• As pe graph no2, stock is moving up from strong trend line support zone, this indicates that as long as stock holding its trend line support zone it will be bulls favorite. And closing above trend line resistance can take stock price further up.
• If GIC moves up from current level and closes above 181.50 then stock will find next resistance around 200 its 161.8% fibonacci retracement as shown in chart no3.
• Suggested Article - National Stock Exchange Trading holidays list for year 2014.
• Technical also indicates that GIC is moving up from 100 DMA this will favor bulls and when stock closes belo 100 DMA then it will show first sign of weakness and a sign of caution arise for bulls. Close Watch.
• Click here to see all the free trading reports (tips) published by us on GIC HOUSING FINANCE.
• Indian stock tips intraday.