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Showing posts with label ranbaxy labs. Show all posts
Showing posts with label ranbaxy labs. Show all posts

RANBAXY LABS facing strong golden ratio support @ 609.


RANBAXY LABS


  • Stock facing golden ratio support at current levels , chart indicates weakness expecting once stock closes and holds below 609.
  • Ranbaxy also finding 100 day moving average, trading above 100 DMA bulls will be favored, and below 100 DMA bears will be favored.
  • Technical chart indicates weakness can be seen once stock closes and holds  below 609. Close Watch.
  • Suggested Article - Trading Rules (Golden) In Stock Market

RANBAXY LABS has formed triangle formation


RANBAXY LABS


  • Stock has formed triangle formation in daily chart, this indicates sharp movement expecting once stock comes out from its pattern.
  • Stock also trading around 100 days moving average, as long as holds above bulls will be favored once it closes and holds below then bears will be favored.
  • Close watch once stock closes and holds below its support zone @ 606 then stock can favor bears.

RANBAXY LABS Intraday tips, Intraday trading


RANBAXY LABS




  • Stock currently facing strong trend line support at current levels, this indicates as long as stock holds above fresh bull rally can be seen.
  • As per weekly chart stock is finding 23.6% fibonacci retracement support at current levels, stock to favor bulls as long as holds above.
  • As per technical chart no3, stock is finding fibonacci arc resistance around 637.50, once stock starts trading above 637.50 during trading hours then we can see some intraday trading action. Close Watch.

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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

.