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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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