- FTSE 100 index stuck in range from last few months and stock had given some false breakout.
- Again stock is coming down with false breakout.
- FTSE must start trading above its range with volumes to give clear bullish signals.
- If falls from current levels stock can test 20 days moving averge support as shown above.
We at Tips On Share Blogspot provides free stock tips on US stock market like NASDAQ, Dow Jones, S&P 500 and Indian Stock Market. Free Intraday tips Stock tips and share price chart on almost every stocks of India and on New York stock exchange. We daily update Stock Tips with the help of Technical Analysis. We also provide technical analysis chart on Forex, Indian currency, mcx, ncdex and us stock market listed companies and Companies of India with outlook for today and tomorrow.
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FTSE 100 Index stuck in a range with false breakout. Dated:16th May 2014 (Friday).
US GOLD has formed descending triangle formation. Dated:16th May 2014 (Friday).
- US GOLD has formed descending triangle formation, once breaks its triangle on down side will favor bears.
- Stock also trading below 50 days moving average, so far will favor bears, Gold must starts trading above 50 days moving average to give some bullish signals.
- Stock also coming down from 2nd fibonacci retracement levels indicates bears are active.
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BANK OF AMERICA trading below its major support. Dated:16th May 2014 (Friday).
- BANK OF AMERICA has come out from its up channel formation, stock indicates weakness.
- Stock also trading below its 200 days moving average.
- Moreover stock also trading below its previous resistance zone.
- Stock has also come down below its 1st fibonacci retracement support zone, will find next support around 13.
- All indicators inddicates weakeness in bank of america, close watch
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DIVIS LABS heading for strong support around 1300. Dated:16th May 2014 (Friday).
- DIVIS LABS heading for strong support around 1300 as shown in chart above.
- Stock also trading below 20 weeks moving average support, indicates will favor divis labs bears.
- Close watch if closes below 1300 in a weekly chart then bears to have upper hand in stock and can move the price further down.
- Stock will face lower bollinger band support around 1250 in weekly chart.
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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
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












