COAL INDIA Share Tips - Stock facing strong support at current levels, hope line for bulls as per Technical Analysis point of view. (Updated On 17th July 2014, Thursday).

• COAL INDIA facing strong trend line and 38.2% fibonacci retracement support level, chart indicates stock can move up from current levels as long as hold this support line.
• Daily chart also indicates stock is also facing fibonacci arc support and will trying to move up from current levels, this will favor bulls.
• If fails to take this support (around 353), and if close below and stays below 353 then further selling is expecting in COAL (I) and stock will find next support around 333. Close Watch.

SKS MICROFINANCE Share Tips - Stock moving up from strong trend line support and now facing strong resistance around 291.50 as per Technical Analysis point of view (Updated On 21st July 2014, Monday).

• SKS MICROFINANCE moving up from strong trend line support in daily chart as shown above, chart indicates as long as stock holds above will favor bulls.
• Daily chart also indicates stock will now be facing strong 61.8 golden ratio fibonacci retracement and trend line resistance between 287-291.50, once stock closes above its resistance zone and stays above then further bull action is expecting, till then stock will be range bound.
• Intraday close can see some action once stock starts trading above 291.50 its resistance zone. Close Watch.
• Weekly chart indicates stock gave a false weak signal by closing below 23.6% fibonacci retracement support and then sudden reversal, which indicates stock will favor bulls as long as holds above its support zone.
• Suggested article to read -What Is Financial Market.

Stocks On Fire From Our Past Recommendations. (Updated On 16th July 2014, Wednesday, 10:20 am).

Some Stocks Are On Fire - 

From Our Past Recommendations

Click here to see past report on BHARAT FORGE

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Click here to see past report on UNITED SPIRITS

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Click here to see past report on PIDILITE INDS

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Click here to see past report on MCX

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Click here to see past report on ZEE LTD.

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KPIT TECHNOLOGIES Share Tips - Stock facing strong resistance around 185. If Closes Above then further buying expecting, as per technical analysis point of view. (Updated On 16th July 2014, Wednesday).

• KPIT TECHNOLOGIES moving up from strong fibonacci fan support zone , stock is now facing strong trend line resistance around 185, if closes and stays above then further buying expecting in KPIT for next 1-2 days.
• Intraday close watch once stock starts trading above 185, can see some intraday action if stays above.
• Daily chart also indicates stock is moving up from 20 days moving average as long as stays above will favor bulls.
• If stock moves up from current levels then will find next strong trend line resistance around 189 and above that will find 161.8% fibonacci retracement resistance around 207 , as shown above.
• Suggested article to read from our collection - What is Nifty And Nifty Futures.