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ING VYSYA BANK Share Tips - stock on the verge of breakout above 672 in hourly chart. (Updated On 07th July 2014, Monday).

  • ING VYSYA BANK is facing strong trend line resistance around 672 in hourly chart, which indicates once stock starts trading above 672 with volumes and must stays above then we can see some sharp intraday movement, close watch.
  • Daily chart indicates that stock is moving in a up channel formation and also moving up from 50 days moving average as shown above, that too will favor bulls.
  • (Short Term trend) -Weekly chart also indicates that stock is moving up from strong trend line support and now facing resistance around 672, once stock closes above its trend line resistance and if stays above then stock is good for short term traders. Close Watch.

TATA COMMUNICATIONS Intraday Tips- Stock made a bullish breakout in daily chart and moving up from strong support in hourly chart. (Updated On 07th July 2014, Monday).

  • TATA COMMUNICATIONS moving up from 38.2%  fibonacci retracement in daily chart and now made a bullish breakout as shown above, which indicates stock will favor bulls.
  • (1-2 day trading idea) - Daily chart indicates stock looking bullish as long as holds above its previous top and on upper side will find strong 161.8%  fibonacci retracement,resistance around 422.
  • (Intraday trading idea) - Hourly chart indicates stock is moving up from its previous resistance which is now acting as major support (as shown above in hourly chart). As per above technical studies stock will favor intraday traders as long as stock holds its support.

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