Advertisement

UNION BANK OF INDIA Equity market tips


UNION BANK OF INDIA




  • Stock has formed triangle formation in daily chart, this indicates sharp movement expecting once stock comes out from its formation.
  • Stock also facing 200 DMA support at current levels, as long as stock holds above bulls will be favored. Once stock starts trading below 200 DMA then weakness can be seen.
  • As per weekly chart stock stuck in range bound zone, this indicates, once it comes out from its zone then sharp rally can be seen. Close Watch.

TATA CONSULTANCY SERVICES (TCS) Day trading


TATA CONSULTANCY SERVICES (TCS)




  • As per weekly chart stock moving up from strong trend line support zone, this indicates bulls will be favored as long as stock holds above.
  • Stock also moving up from 50 weeks moving average and also from previous resistance which is acting as a major support, this will favor bulls.
  • If stock moving up from current levels then stock will find next strong resistance around 2485, 2530 and 2570, levels as per fibonacci retracement.

HIND PETROLEUM Free stock tips


HIND PETROLEUM




  • Stock moving in up channel formation, this indicates as long as stock moving in between channel formation bulls will be favored. Weakness expecting once stock comes out from in up pattern.
  • Stock is also facing fibonacci fan 1st line support, this indicates bulls will be favored as long as stock holds above.
  • If stock moves up from current levels then HPCL will find next resistance around 570, 578 and 587 levels as per fibonacci retracement.

HCL TECHNOLOGIES Indian stock market


HCL TECHNOLOGIES




  • Stock moving up from strong trend line support zone, this indicates bulls will be favored as long as holds above.
  • As per monthly chart, stock is moving up from 23.6% fibonacci retracement support zone, this indicates short-long term trades will be favored.
  • If stock moves up further then stock will find next resistance around 1570, 1600, levels as per fibonacci retracement.

CROMPTON GREAVES Intraday trading


CROMPTON GREAVES




  • Stock facing strong trend line support @ 165, chart indicates as long as holds above 165 stock can bounce back, once it closes and holds below 165 then further weakness can be seen in crompton.
  • Stock also holding below 200 DMA, this indicates bears will be favored.
  • As per weekly chart, stock is also facing 50% fibonacci retracement support at current levels @ 165. Close Watch.

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

.