Advertisement

POWER GRID testing strong strong resistance zone around 140.


POWER GRID


  • Stock finding strong fibonacci retracement resistance zone @ 140.
  • Power grid also finding strong 50 DMA resistance, will favor bulls once it closes and holds above.
  • Even MACD is now moving in +ve zone, this indicates further strength expecting one stock closes above its resistance. Close Watch.

No comments:

Post a Comment

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

.