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HDFC share price chart and technical outlook - Stock holding above 100 DMA this will favor bulls - updated for 22nd December 2015, Tuesday.


HDFC LTD

Stock holding above 100 DMA this will favor bulls as long as it stays above.
On upper side stock is now finding strong trend line resistance around 1248, technical indicates further bulls action can be seen once HDFC Ltd closes and holds above its trend line resistance as shown in above technical image.

Suggested reading - Hindalco Inds has formed double bottom pattern in daily chart.

Intraday HDFC Ltd looks good if it holds above 1248.
Will find resistance around 1275, 1290.
S.L - 1235.

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On 22nd December 2015, at 10:12 am HDFC Ltd share price is at 1232 down by - 0.70 (-0.06%).
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Hindalco Industries share price chart and stock tips - Stock has formed double bottom pattern in daily chart - updated for 22nd December 2015, Tuesday.


HINDALCO INDS

Stock has formed double bottom pattern in daily chart, technical indicates price rise can be seen once stock closes and holds above its recent top @ 83 as shown in above technical image.

Stock major trend indicator "macd" and "slow stochastic" are moving in positive zone this will favor bulls.

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http://www.niftychart.co.in.

Intraday HINDALCO looks good if it holds above 83.
Will find resistance around 85, 86.
S.L - 82.

On 22nd December 2015, at 10:00 am Hindalco share price is trading around 81.10 down by 0.15p (0.18%)
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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

.