Disclaimer

All the contents of http://www.tipsonshare.blogspot.com / http://www.tipsonshare.blogspot.in are for educational purposes only and are not Investment Advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures. http://www.tipsonshare.blogspot.com /
http://www.tipsonshare.blogspot.in
shall not be held responsible for the actions of individuals, parties, or corporations taken in response to the ideas, thoughts, concepts or information presented in this blog. Hence all the visitors are requested to apply their prudence and consult their financial or investment adviser before acting on any of the Ideas in this blog.

Advertisement

REC LTD Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock facing strong support at current levels, its 50% fibonacci retracement and 200 DMA, this will favor bulls. (Updated For 18th August 2014, Monday).


REC LTD




  • As per previous report published on REC LTD, stock failed to take its 38.2% fibonacci retracement support around 297, and  has shown further weakness and stock made a low of 276.50. (Click here to see past report published on REC LTD).
  • Now daily chart indicates stock is currently facing 50%  fibonacci retracement support at current levels and stock gave a small bullish candle , this indicates as long as stock holds above its support around 276.50, it will be favored by bulls , but once stock closes below 276.50 and stays below then further weakness is expecing in REC LTD and stock will find next strong support around 250 its golden ratio - 61.8%  fibonacci retracement as shown in graph no 1.
  • Chart also indicates that stock is facing 200 days moving average support zone, as long as holds above stock can see some buying , but if close below then bears can get active one again.
  • If stock moves up from current levels then on upper side will find strong fibonacci retracement resistance around 301, 317, 330 and 342 as shown in graph no 3. Close Watch.
  • Click here to see all the free trading reports (tips) published by us on REC Ltd.
  • Stock tips for tomorrow.

NEYVELI LIGNITE Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock falling after breaking its triangle formation. Stock facing strong support at current levels. (Updated for 18th August 2014, Monday).


NEYVELI LIGNITE CORPORATION




Blog Archive