Advertisement

SKS Microfinance share price chart and fundamental analysis - Stock finding strong trend line resistance around 498 - updated for 28th December 2015, Monday


SKS MICROFINANCE

Stock finding strong trend line resistance at current levels @ 498, technical indicates as long as stock holds below bears will be favored and weakness can be seen in coming days.

If stock falls from current levels then will find strong trend line support around 450.

Further bulls action can be seen once stock closes and holds above 498.

Suggested reading - Click on link to read article on fundamental analysis of stocks.

Stock major trend indicator macd is moving in positive zone and slow stochastic is moving in negative zone so this indicates mix signal.

On December 24, 2015 Thursday SKS Microfinance price closed at 489.80.

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

.