Advertisement

SBIN Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock moving up from strong support, close watch further strength expecting once SBIN closes above 2645. (Updated on 19th September 2014, Friday).


STATE BANK OF INDIA (SBIN)




  • SBIN currently moving up from fibonacci fan line support, this indicates as long as stock holds above 2537 bulls will be favored. On upper side SBIN will find trend line resistance around 2645. Once stock closes and holds above 2645 then bulls will be favored and price up movement can be seen.
    • Intraday close watch once SBIN starts trading above 2645, if holds above then intraday bulls action is expecting.
  • Stock also moving up from 100 DMA, as long as holds above bulls will be favored, closing below 100 DMA indicates first sign of weakness.
  • If stock moves up and closes above 2645 then will next strong resistance around 2730, 2760 and 2834. Close Watch.
  • Visit link for Daily nifty futures technical analysis.

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

.