Pipavav share price and stock market tips - Stock has closed above its previous top in weekly chart - updated for 28th December 2015, Monday


Weekly chart of Pipav indicates that it has closed above its major resistance hence showed a bullish breakout signal.

Its previous resistance will now act as a major support, as long as stock holds above 98.50 bulls will be favored and further price rise can be seen in coming days.

If stock moves up further then it will find strong resistance around 120 as shown in above image.

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Stock also moving up from 50 weeks moving average.

Its major indicator MACD and slow stochastic is moving in +ve zone this will favor bulls but RSI has entered in overbought zone this shows a sign of caution.

On December 24, 2015 Pipavav share price was closed at 100.25.

Stock was on new in various online sites :- 

According to reports, the Ministry of Defence has initiated various policy measures to address the concerns of the industry for ease of doing business. Provisions have now been made with intent to provide greater flexibility to the vendors in offset contracts and reinstatement of services as an avenue for discharge of offset obligations and level playing field to Indian vendors in Capital acquisitions.

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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