Advertisement

POWER GRID Share Tips, Technical Analysis Chart, Intraday Stock Trading Idea Tips Graph Advice - Stock facing strong resistance at current levels , stock to favor bulls once closes above its golden ratio resistance @ 139. (Updated on 24th September 2014, Wednesday).


POWER GRID




  • Stock currently facing golden ratio resistance at current level @ 139, technical chart indicates stock to favor bulls once closes above 139 and stays above, if holds above 139 then will find next resistance around 146 its previous top.
    • Intraday close watch once stock starts trading above 139 during market hours, if holds above then intraday bulls action is expecting.
  • Stock is also holds above its 20 DMA , this will favor bulls to take upwards as long as its holding 20 DMA.
  • Stock is also stuck in a range bound zone, upper side will find resistance around 139 and support @ 127, when stock comes our from its range then sharp movement is expecting. Close Watch.
  • Suggested Article - Fundamental Analysis Of Stocks.

No comments:

Post a Comment

Advertisement

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

.