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GE SHIPPING Update, free tips on shares Dated:21st May 2014. (Wednesday).

  • GE SHIPPING facing strong trend line resistance around 360.
  • Stock also holding its 50 days moving average as shown above.
  • Above 360 GE SHIPPING will face its next trend line resistance around 393. Close Watch.
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DR REDDYS Oversold, now testing strong Technical Support, Share Market Tips. Dated:21st May 2014. (Wednesday).

  • DR REDDYS LABS is in free fall from 2750 levels and now trading around 2280.
  • Stock is now trading in oversold zone as shown above in RSI - Relative Strength Index and now facing strong 161.8% fibonacci retracement support level.
  • Bulls now have some hope to give DR Reddy`s some up move from current levels. Close Watch. So far stock made a low @ 2250 of its current free fall, If trades above then stock can give some bounce from current levels.
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GOA CARBON on verge of breakout, Free Intraday Tips. Dated:21st May 2014 (Wednesday).

  • GOA CARBONS has formed triangle formation in weekly chart, Any side breakout will give strong move.
  • Upperside trendline resistance around 77 and 80. Trading above with volume will give strong move.
  • Stock also gave long bull candle since it took support of 100 days moving average, 
  • Close Watch chart indicates so far GOA CARBON will favor bulls.
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THOMAS COOK Testing its Strong Support. Dated:21st May 2014 (Wednesday).

  • THOMAS COOK is testing is 50% fibonacci retracement support zone, if moves up then will favor Thomas cook bulls.
  • Stock also testing its previous resistance levels which is now acting as its support.
  • Close watch now stock testing its 20 days moving average resisiatance @ 95, once starts trading above 95 with volumes then bulls will get active in this stock.
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