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GUJRAT PIPAVAV (GPPL) Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock moving in a up channel formation this will favor bulls, Further strength expecting once stock closes above 155. (Updated on 02nd September 2014, Tuesday).


GUJRAT PIPAVAV (GPPL)



  • As per previous report published on Gujrat Pipavav port (GPPL) stock have shown sharp up move after breaking its resistance @ 128 and after that touched it reistance @ 140 as mention in out previous report. (Click here to see previous report published on GPPL).
  • Now current chart indicates that stock is moving in up channel formation, this signifies that as long as stock is trading in between its channel formation it will be favored by bulls, but once stock comes out from its up channel and breaks it on down side then sharp weakness is expecting. As shown technical chart no1.
  • As per graph no2, stock is trading above its 50 days moving average, but looking closely chart indicates that 50 DMA is playing very important role in GPPL, as long as stock trades above bulls will have a strong grip, from last 4 times stock bounced back from 50 DMA, this time too its is trading near by , Close watch bulls may get active once again. On upper side stock will find next trend line resistance around 155, once stock closes and stays above 155 then stock looking bullish for next few trading days.
    • Intraday share tips - close watch when GPPL starts trading above 155 during market hours , if holds above then intraday bulls action is expecting.
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  • As per graph no3, Gujrat Pipavav is trading above its resistance 161.8% fibonacci retracement, previous resistance is now acting as a major support , so as long as it trades above it fibonacci retracement resistance it will be favored by bulls. Once stock closes blow then it will show sign of weakness. Close Watch once stock closes above 155 and if moves up then will find next strong resistance around 163 its 261.8% fibonacci retracement.
  • Click here to see all the free trading reports (tips) published by us on GUJRAT PIPAVAV (GPPL).
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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

.