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UNITECH coming down from 200 DMA, further weakness expecting.

UNITECH



  • Stock coming down from strong trend line and 200 DMA resistance zone, this indicates as long as stock holds below 19.90 further weakness is expecting.
  • On down side stock will find support around 15.45 and 13.85, bulls will have some hopes for bounce back once stock reaches it support zone.
  • Further price fall can be seen once stock closes and holds below its support line. Close Watch.
  • Click link below to see forecast on Nifty Futures.
  • http://tipsonshare.blogspot.com/p/nifty-futures-chart.html.

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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

.