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IL&FS TRANSPORTATION trading below 200 DMA, stock will favor bears.


IL&FS TRANSPORTATION


  • Stock currently witnessing selling pressure form trend line resistance.
  • On down side stock will find trend line support @ 167, chart indicates once stock closes and holds below 167 then further weakness is expecting.
  • Stock also trading below 200 DMA this will favor bears as long as holds below.
  • Even stock major trend indicator "MACD" is moving in -ve zone and below level zero this indicates price fall can be seen. Close Watch.
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2 comments:

  1. Sadhana6 February 2020 at 11:13

    Nice Article!Thanks for sharing your valuable information. I think its worked. But, can you suggest me a best way to make money with trading or any other ways?

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  2. Maya Aaliyah8 April 2020 at 18:40

    It is really helpful for investors. Great work. Here we also offer some interesting topics related to share market. I hope you get a better better information.
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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

.