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HAVELLS facing strong trend line and moving average support @ 250.


HAVELLS


  • Stock facing strong trend line support @ 250, chart indicates stock will favor bears once stock closes and holds below 250.
  • Stock also trading around 200 DMA, once stock starts trading below 200 DMA then havells will be favored by bears.
  • Even stock is coming down from 23.6% fibonacci retracement @ 275 this too will favor bears as long as holds below 275.
  • Even stock major trend indicator "MACD" is moving in -ve zone and below level zero, this indicates further price fall can be seen.
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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

.