Advertisement

MARUTI UDYOG technical view, stock bullish above 3350.


MARUTI SUZUKI




  • Stock is holding strong above 3240 its 161.8% fibonacci retracement, chart indicates as long as holds above 3240 bulls will be favored.
  • Stock also moving up from 23.6% fibonacci retracement, bulls will be favored.
  • Maruti also trading above 10 DMA, intraday trades will be favored once maruti breaks 3350, If closes and holds above 3350 then further price rise can be seen. Close Watch.
  • Also See - Nifty futures technical view point with trading levels.
Posted by No comments:
Labels: , , ,

IRB INFR facing its previous top strong resistance


IRB INFRASTRUCTURE




  • Stock facing strong resistance @ 275 (its previous top), chart indicates once stock closes and holds above 275 then further strength is expecting.
  • As per monthly chart, stock is moving up from 23.6% fibonacci retracement support zone, as long as stock holds above short-long term bulls will be favored.
  • If stock closes and holds above 275, then will find next strong resistance around 310 its 161.8% fibonacci retracement. Close Watch.
Posted by No comments:
Labels: , ,
Subscribe to: Posts (Atom)

Advertisement

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

.