BALAJI TELEFILMS chart update: Dated 19th May 2014 (Monday).

  • BALAJI TELEFILMS has formed up channel formation in hourly chart.
  • Stock also trading above its 20 hours moving average, if stays above then will favor bulls.
  • Stock also closes above its major resistance zone in weekly chart, close watch as long as stays above balaji telefilms will favor bulls.
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List of Stock Given Fresh Buy Or Sell Signal on closing bases In TREND SIGNALS on 16th May (Friday).

Check out our TREND Signals chart that has given fresh  buy and sell signal on 16th May 2014 on closing bases

Stock given fresh buys

  1. Bharti Airtel
  2. Dish Tv
Stock Given Fresh Sell
  1. NSE India VIX
  2. Arvind Mills
  3. HCL Technology
  4. Wipro Ltd.
Visit link to see charts

SUZLONG ENERGY to test its resistance around 15.50. Dated:16th May 2016 (Friday).

  • SUZLON ENERGY will be testing its resistance around 15.50 in hourly chart, we can expect to bulls to get active in suzlon energy once stock starts trading above 15.50.
  • Stock also trading above 200 hours moving average, as long as stays above, stock will favor bulls.

CNX IT FUTURES heading for strong support @ 8920 in hourly chart. Dated:16th May 2014 (Friday).

  • CNX IT FUTURES facing strong support around 8920 in hourly chart.
  • Stock also trading below 200 hours moving average, will favor bears as long as trades below.
  • On down side CNX IT will find major support around 8700, 8170 as shown above in chart.

DLF moving in an UP CHANNEL formation in hourly chart. Dated:16th May 2014 (Friday).

  • DLF moving in a up channel formation , stock must breaks its formation on any side for some intraday action.
  • On upper side stock will face its trend line resistance around 185 and 187.

FTSE 100 Index stuck in a range with false breakout. Dated:16th May 2014 (Friday).

  • FTSE 100 index stuck in range from last few months and stock had given some false breakout.
  • Again stock is coming down with false breakout.
  • FTSE must start trading above its range with volumes to give clear bullish signals.
  • If falls from current levels stock can test 20 days moving averge support as shown above.

US GOLD has formed descending triangle formation. Dated:16th May 2014 (Friday).

  • US GOLD has formed descending triangle formation, once breaks its triangle on down side will favor bears.
  • Stock also trading below 50 days moving average, so far will favor bears, Gold must starts trading above 50 days moving average to give some bullish signals.
  • Stock also coming down from 2nd fibonacci retracement levels indicates bears are active.
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BANK OF AMERICA trading below its major support. Dated:16th May 2014 (Friday).

  • BANK OF AMERICA has come out from its up channel formation, stock indicates weakness.
  • Stock also trading below its 200 days moving average.
  • Moreover stock also trading below its previous resistance zone.
  • Stock has also come down below its 1st fibonacci retracement support zone, will find next support around 13.
  • All indicators inddicates weakeness in bank of america, close watch
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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