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SKS Microfinance share price and Indian stock market tips and intraday tips with technical analysis stock charts listed on NSE and BSE - Stock witnessing selling pressure from previous top - updated for 21st December 2015, Monday


SKS MICROFINANCE

SKS Micro finance share price chart indicates that is was moving up from 50 DMA this will favor bulls as long as it holds above.

So far SKS Micro witnessing selling pressure from previous top @ 490 as long as it holds below bears will be favored once stock closes and holds above 490 then further bulls action can be seen in coming days.

Visit link below to read article on fundamental analysis of stocks.

Intraday SMS Micro Finance looks good if it holds above 490.
Will find resistance around 495, 498.
S.L - 487.50.

On 18th December 2015, Friday SKS MicroFinance Closed @ 477.50 down by -Rs.6.00 (-1.24%).

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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

.