KPIT TECHNOLOGIES Free Share market tips - Stock facing strong trend line resistance around 191, further buying expecting once closes above as per technical analysis point of view. (Updated On 21st July 2014, Monday).

• As per our previous report published on KPIT TECHNOLOGIES, stock gave a strong intraday move above 185 and touched its resistance @ 189. (Click here to read our previous report on KPIT TECHNOLOGIES).
• Now daily chart indicates KPIT TECHNOLOGIES moving up from strong fibonacci fan support zone , stock is now facing strong trend line resistance around 191, if closes and stays above then further buying expecting in KPIT for next 1-2 days
• Intraday close watch once stock starts trading above 191, 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 191 and if closes above 191 and stays above then will find 161.8% fibonacci retracement resistance around 207 , as shown above.
• Suggested article to read from our collection - How the stock market works.

TATA MOTORS DVR Free Share Tips Tomorrow - Stock moving up from strong trend line support, further buying expecting once closes above 330. (Updated On 21st July 2014, Monday).

TATA MOTORS DVR

• TATA MOTORS DVR moving up from strong trend line support zone, daily chart indicates stock in now facing strong trend line resistance around 330, Further buying is expecting once stock closes and stays above 330.
• Intraday close watch TATA MOTORS DVR once stock starts trading above 330, can see some action if stays above.
• Weekly chart indicates stock is moving up from 23.6% fibonacci retracement support zone, this will favor bulls to move stock further up.
• Daily chart indicates if stock closes above its previous top of 330, then will find next strong resistance around 355. Close Wacth.

ALEMBIC PHARMA Free Share Tips - Stock closed above its major resistance further buying expecting from current levels as per technical analysis. (Updated On 17th July 2014, Thursday).

• As per previous report published on ALEMBIC PHARMA, stock gave a strong up move and closes above 321. (Click here to see previous report on Alembic Pharma).
• Now daily chart indicates stock closed above 321 indicating bullish breakout, previous top will now act as major support for Alembic Pharma, as long as stock trades above 321 further up move is expecting.
• Weekly charts indicates stock is trading above its previous top resistance 321, Once closes above its previous top in weekly chart and if stays above then stock looking good for short terms.
• Weekly chart indicates stock if stock made a bullish break out then find strong 161.8% fibonacci retracement resistance around 370, as shown above.

CAIRN INDIA Free Share Market Tips - Stock is facing strong support at current levels (Around 337.50), As long as holds above will favor bulls as per technical analysis point of view. (Updated on 17th July 2014, Thursday).

• CAIRN INDIA currently facing strong trend line and 200 days moving average support at current levels (around 337.50). Which indicates as long as stock trades above this support line stock will favor bulls and stock to move up.
• Daily chart indicates if stock moves up from current levels then will be facing fibonacci retracement resistance around 349, 356, 361 & 367.
• If stock fails to take this support and closes below 337.50 then further selling is expecting and stock will find next trend line strong support around 329, 322 and 316.
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