L&T share price chart and trend signal chart - Stock stuck in a range bound zone - updated for 28th December 2015, Monday


Stock stuck in a range bound zone technical indicates as long as it stuck in a range trend will be mix with no clear direction.

Sharp movement can be seen once stock closes and hold above its range zone @ 1309 as shown in above image.

Stock major indicator RSI is coming out from oversold zone and other indicator macd and slow stochastic has turned positive this will favor bulls and further price rise can be seen in coming days.

Suggested reading - Visit link below to see more trend signals charts.

On 24th December 2015, Thursday larsen and toubro share price closed at 1294.

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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