Advertisement

INTEL CORPORATION moving in a range bound zone, sharp movement expecting once it comes out from its pattern.


INTEL CORPORATION


  • Stock currently finding 100 DMA support, technical indicates that as long as stock holds above 100 DMA bulls will be favored but once it starts trading below 100 DMA then stock will be favored by bears.
  • Chart also indicates that Intel is moving in a range bound zone, sharp movement expecting once stock comes out from its formation.
  • Upper side stock will find strong resistance 37.90 and will find support around 35.26 as shown in above image.

MICROSOFT CORPORATION moving in down channel, Will favor bulls once it comes our from its pattern.


MICROSOFT CORPORATION


  • Stock currently moving up and holding above 200 DMA this indicates as long as stock holds above bulls will be favored.
  • Currently Microsoft moving in a down channel pattern, sharp movement expecting once stock comes out from its pattern.
  • Technical indicates that on upper side Microsoft will find strong trend line resistance around 47.91, 49.05 and 50.05, further price rise can be seen once stock close and holds above its trend line resistance.
  • Visit this blog for more technical levels on stock and indices.

DOW JONES has formed triangle formation in daily chart, sharp movement expecting once it comes out from its pattern.


DOW JONES INDUSTRIAL AVERAGE


  • Index is moving up and holding above 200 DMA , this indicates as long as it holds above bulls will be favored.
  • Dow Jones Industrial Average has formed triangle formation in daily chart this indicates sharp movement expecting once it comes out from its pattern.
  • On upper side Index will find trend line resistance around 17840, 17916 and 18103 once it closes and holds above its trend line resistance then further price rise can be seen in coming days. Close Watch.

AUSTRALIA ALL ORDINARIES Index heading to test its strong trend line resistance around 5523.


AUSTRALIA ALL ORDINARIES


  • Index moving up from golden ratio support zone, and Index recently closed above its recent top. This indicates bulls will be favored.
  • On upper side close watch All Ordinaries Index will find strong trend line resistance around 5523, once index closes and holds above 5523 then further price rise can be seen in coming days. But if fails to holds above 5523 then Index can see some correction in coming days. Close Watch.

US COMEX GOLD made a bullish breakout, further strength expecting in coming days.


US COMEX GOLD


  • Gold had formed head and shoulder formation in daily chart, and it made a bullish breakout by closing above its pattern.
  • Chart indicates as long as Gold holds above bulls will be favored and further price rise can be seen in coming days.
  • On upper side Gold will find next strong trend line resistance around 1323 and 1345. Long term traders need to be careful around those levels. Close Watch.

VARIAN MEDICAL has formed double bottom formation, further strength expecting once closes above its resistance.


VARIAN MEDICAL SYSTEMS


  • Stock is moving up from 38.2% fibonacci retracement support zone, this indicates bulls will be favored.
  • Varian Medial has also formed double bottom formation, once stock comes out from its pattern then further strength can be seen in coming days.
  • On upper side will find strong trend line resistance around 89.05 and 89.90, once stock closes and holds above its resistance then further price rise can be seen in coming days. Close Watch.

WALGREEN COMPANY find strong 23.6% fibonacci retracement support around 73.94.


WALGREEN COMPANY


  • Stock moving up from 23.6% fibonacci retracement support around 73.94, this indicates as long as stock holds above bulls will be favored and further strength can be seen. Once stock closes below its support then further weakness can be seen in coming days.
  • Stock also holding above 20 DMA this indicates as long as stock holds above bulls will be favored.
  • Visit this blog daily for free stock market tips.
  • On upper side stock will find resistance around 77.98 (its prevous top) once stock closes and holds above its 77.98 then further price rise can be seen in coming days. Close Watch.

WALT DISNEY COMPANY will find strong trend line resistance around 96.45.


WALT DISNEY COMPANY


  • Stock moving in up channel formation, this indicates as long as Walt Disney Company moves in between its pattern bulls will be favored.
  • Stock also moving up and holds above 100 DMA, this indicates further strength can be see.
  • On upper side stock will find strong trend line resistance around 96.45. Once stock closes and holds above 96.45 then further price rise can be seen in coming days. Close Watch.

ADP has formed double bottom formation, and stock has made a bullish breakout.


AUTOMATIC DATA PROCESSING


  • Stock has made a double bottom formation in daily chart, and ADP has closed above its trend line resistance zone, this indicates as long as stock holds above bulls will be favored.
  • Previous resistance will now act as a major support, so as long as stock holds above 86.54 further price rise can be seen in coming days. Close Watch.
  • Visit this blog daily for free stock charts.

BANK OF NEW YORK coming down from resistance, will now find strong support around 36.85.


BANK OF NEW YORK


  • Stock coming down from 38.2% fibonacci retracement resistance zone @ 38.74, this indicates bears will be favored as long as trades below.
  • Bank Of New York also trading below 200 DMA this indicates bears will be favored.
  • On down side stock will find strong support around 36.85 and 35.05, once stock closes and holds below its support then further weakness can be seen in coming days. Close Watch.

APPLE INC moving up from 100 DMA, Upper side will find trend line resistance around 115 & 119.75.


APPLE INC


  • Stock moving up from 100 DMA and so far holding above, this indicates as long as stock holds above bulls will be favored and further price rise can be seen in coming days.
  • On upper side will find strong trend line resistance around 115 and 119.75. Once stock closes and holds above its resistance zone that further price rise can be see. Close Watch.
  • Free stock charts.

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

.