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UTTAM GALVA STEEL Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock moving up from strong trend line and 200 DMA, and now stuck in a range bound zone, Strength expecting once Uttam Galva Steel closes above 85.50. (Updated on 18th September 2014, Thursday).


UTTAM GALVA STEEL




  • As per chart no1, Uttam Galva Steel is holding its trend line support , by looking closely from last 6 times stock bounced back as soon as it tested it support, as long as stock holds above bulls will be favored. Chart also indicates stock has shown sudden volume increase, this indicates some big action is going to happen in this counter.
  • As per chart no2, stock also moved up from strong 200 days moving average even 200 DMA playing an important role, as long as trades above short-long term traders will be favored, If starts trading below then bears may get active. From last 6 time stock bounced back as soon as it tested its 200 DMA.
  • From last couple of months stock stuck in a range bound zone as show in chart no3 , sharp move expecting once Uttam Galva Steel come out , on upper side will find resistance around 85.50 , if closes and stays above then strong bulls action is expecting. and on upper side will find resistance around 92. Closing and staying above 92 will give another bullish breakout and bull s trend to continue.
    • Suggested Article - Investing in penny stocks.
    • Intraday tips - Close Watch once Uttam Galva Steel starts trading above 85.50, if holds above 85.50 during trading hours then intraday action is expecting.
  • Click here to see all the free trading reports (tips) published by us on UTTAM GALVA STEEL.
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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

.