ALOK INDUSTRIES has formed triangle formation, sharp movement expecting in coming days.


  • Stock has formed triangle formation in daily chart, sharp movement expecting once stock comes out from its pattern.
  • Even stock major trend indicator "MACD" is moving in negative zone and below level zero this indicates further price fall can be seen in coming days.
  • On down side stock will find support around 9.70 (its recent bottom) and on upper side will find support around 12.60, 12.90, 13.40 and 14.10 (its recent tops).

No comments:

Post a Comment


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