Advertisement

CHAMBAL FERTILISERS facing strong trend line and 200 DMA support at current levels.


CHAMBAL FERTILISERS


  • Stock facing strong trend line support at current levels @ 58.70. chart indicates as long as stock holds above bulls will be favored.
  • Stock also facing 200 DMA, trading above 200 DMA indicates bulls.
  • On upper side stock will find trend line resistance around 67.65 and 71.10 its recent tops.
  • Even stock major indicator "MOMENTUM" indicates that we can see some action once it starts moving above level 100. Close Watch.

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

.