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FOREX USD COP holding above its trend line resistance


FOREX - USD COP
Chart Updated On- 02nd March 2015


USDCOP (Colombian Peso) made a bullish breakout as currency had formed ascending triangle formation in daily charts, its previous resistance will now act as a major support, as long as currency holding above its trend line resistance bulls will be favored.

ZEE Entertainment technical level - stock finding strong support around 340


Chart Updated On - 02nd March 2015


ZEE Entertainment finding strong trend line and 200 DMA support at current levels, chart indicates as long as stock holds above bulls will be favored, once stock closes below its support zone then bears will be favored.

ITC Limited technical update - stock finding strong trend line support


Chart Updated On - 02nd March 2015


ITC Limited witnessing sharp selling pressure from 410 levels, technical indicates stock will now find strong trend line support around 342, bulls have some hope for bounce back as long as holds above its trend line support zone, but if stock closes and holds below its trend line then further weakness can be seen in coming
days. Close Watch.

ORIENTAL BANK (OBC) stock analysis - Stock moving in range bound zone


Charts Updated On - 02nd March 2015


ORIENTAL BANK (OBC) moving in a range, technical indicates sharp movement expecting once it comes out from its pattern. Stock also finding 20 DMA resistance, if holds above then bulls will be favored, as long as holds below bears will have grip in OBC.

IOC finding strong trend line resistance around 355


Chart Updated On - 02nd March 2015


IOC currently testing strong trend line resistance around 355 chart indicates bulls will be favored once it closes and holds above its trend line, Stock major trend indicator "MACD" moving in +ve zone this indicates bulls will be favored.

Bullish Breakout In Cipla bulls will be favored.


Chart Updated On - 02nd March 2015


CIPLA made a bullish breakout as it has closed above its previous top, chart indicates as long as it holds above its trend line - bulls will be favored, as its previous resistance will now act as a major support. Stock has also given long bullish candle formation this indicates bulls will be favored.

DIVIS LABS moving up from 200 DMA


Updated On - 02nd March 2015


DIVIS LABS moving up from 200 DMA bulls will be favored, on upper side will find strong trend line resistance around 1790, once it closes and holds above then further price rise can be seen.

CUMMINS (I) moving in a range bound zone.


Chart Updated On - 02nd March 2015


CUMMINS (I) moving up from 50 DMA, and stock is also moving in a range bound zone, technical indicates sharp movement expecting once stock comes out from its pattern. On upper side stock will find resistance around 925 and 960 (its previous top).

COAL India finding strong trend line resistance around 400.


Chart Updated On - 02nd March 2015


COAL INDIA finding strong trend line resistance around 400 (its previous tops). Technical indicates once it closes and holds above 400 then bulls will be favored. Their is a sudden increase in volumes this indicates bulls are active in COAL (I).

BPCL intraday trading tips


Charts updated on - 02nd March 2015.


BPCL has formed head and shoulder formation in daily chart, technical indicates sharp movement expecting once it comes out from its formation. On upper side BHARAT PETROLEUM will find strong trend line resistance around 786 (its previous top). Will favor bulls once it closes and holds above its previous top. Inraday we can see some actions once it holds above its trend line. Close Watch.

BAJAJ AUTO technical update


Chart Updated On - 02nd March 2015


Bajaj Auto witnessing selling pressure from 20 DMA, technical indicates stock can show further weakness once it closes and holds below its previous bottom. Close Watch.

Apollo Hospitals will test strong resistance around 1383.


Chart Updated on - 02nd March 2015


Apollo hospitals moving up from strong support zone, close watch it is now on the verge of bullish breakout @ 1383. Will favor bulls once it closes and holds above.

Nifty Futures chart update.


Charts updated On - 02nd March 2015.


Nifty Futures finding strong trend line resistance around 9030, technical indicates bulls will be favored once it closes and holds above its trend line resistance.

Maruti sales up about 9% at 1,18,551 units in February 2015


The country’s largest carmaker Maruti Suzuki India (MSI) today reported about 8.7 per cent increase in total sales in February 2015 at 1,18,551 units against 1,09,104 units in the same period last year.

The company said its domestic sales increased by 8.2 per cent during the month to 1,07,892 units from 99,758 units in February 2014.

Sales of mini segment cars, including Alto and WagonR, rose 7.1 per cent to 39,988 units from 37,342 units in the year-ago month, MSI said in a statement.

The company said sales of compact segment cars, comprising Swift, Estilo, Ritz and Dzire, declined by 6.4 per cent to 42,778 units in February this year against 45,721 units in the same period last year.

Sales of compact sedan Dzire Tour rose 95.7 per cent during the month under review at 2,552 units against 1,304 units in February 2014.

Sales of mid-sized sedan Ciaz, which was launched in October 2014, stood at 5,410 units. The company had sold 228 units of SX4 sedan in February 2014. There was no sale of premium sedan Kizashi during the month.

Sales of utility vehicles, including Gypsy, Grand Vitara and Ertiga, rose 12.1 per cent to 5,863 units in February this year from 5,231 units in the corresponding month last year.

Sales of vans — Omni and Eeco — rose 13.8 per cent to 11,301 units in February this year compared with 9,932 units in the same period of previous year.

Exports during the month rose 14 per cent to 10,659 units from 9,346 units in February last year, Maruti Suzuki said.

Source:- http://www.thehindubusinessline.com.

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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

.