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SESA STERLITE - Technical Analysis - Showing weakness in daily chart - Updated On 30th June 2014, Monday.






  • SESA STERLITE stuck in a strong range in a daily chart, indicates once stock comes out from its range then we can expecting some intraday sharp move. 
  • Daily chart indicates stock has broken its  fibonacci fan line support as shown above which indicates further weakness , stock will now face 23.6% fibonacci retracement support around 283, If stock breaks with volumes and closes below and must stays below 283 then we can can expect further selling in sesa sterlite for next 1-2 days.
  • (Short term trend) - Weekly chart indicates stock is look bullish as no sign of coming down from resistance, after making a bullish breakout in past , its previous resistance will now act as a major support, for short term traders if sesa sterlite falls then will find support around 270 levels.
  • (Long term trend) - Monthly chart indicates that stock is coming down from its 50%  fibonacci retracement resistance , as bulls lost their int erst in stock and price came down (as shown above). Stock must close above its 50%  fibonacci retracement for long term trend to turn bullish again.
  • Suggested stock to see - Stock Analysis on United Phosphorus (UPL)
Next Stock Will Now Update On 28th June 2014, Saturday Around 7:30 pm



CIPLA LTD Technical Analysis - Stock moving up from strong support. (Updated For 30th June 2014 , Monday).






  • CIPLA LTD moving up from strong fibonacci fan support in daily charts as shown above, stock will now find resistance around 443, once stock breaks with volumes and starts trading above 443 and must stays above then will see some bulls action for 1-2 days.
  • (Short term trend) - Weekly chart indicates stock is stuck in a range bound zone and short term trend is not clear till it breaks it range bound zone.
  • (Long term trend) - Monthly chart indicates that stock is in long term bullish mode and is moving up from strong 23.6%  fibonacci retracement and also from strong trend line support zone as shown above. On upper side will find resistance around 450, Once Cipla closes above 450 in monthly chart then stock to extend its bull rally.
  • Stock analysis you find interested in reading - Trading tips on Bank Nifty



UNITED PHOSPHORUS (UPL) stock analysis - Will find resistance around 330 in daily chart. (Updated On 27th June 2014, Friday).







  • UNITED PHOSPHORUS (UPL) is moving up from 23.6% fibonacci retracement and now trading in a small up channel formation as shown above, daily chart indicates that stock may see some action once closes above 330 with volume, for further up move it must stays above 330.
  • (Short term trend) - Weekly chart of UPL indicates that stock will favor bulls and will find its next resistance around 423.6% fibonacci retracement as shown above.
  • (Long term trend) - Monthly chart indicates that stock is continuously moving up after it made a bullish breakout as shown above , so far stock is not showing any sign of fall, and will find its long term resistance around 261.8% fibonacci retracement. Close Watch.
  • Suggested stock with technical outlook - Share Tips On ICICI BANK


Next Stock Will Update on 27th June 2014, Friday Around 1:30 pm.



HCL TECHNOLOGIES Stock Analysis - Stock on the verge of breakout facing strong trend line resistance. (Updated On 27th June 2014, Friday).






  • HCL TECHNLOGIES facing strong trend line resistance in hourly chart around 1475 , Hourly chart indiciates once stock starts trading above 1475 with volumes and must stays above then intraday we can see some bullish action.
  • Daily Chart indicates that stock facing same trendline resistance around 1475, if stock closes above 1475 and must stays above then bulls to extend rally for next 2-4 days.
  • Daily chart also indicates stock trading above 100 days moving averge which will favor bulls to take stock further up.
  • (Long term trend) - Monthly chart indiciates stock moving up from 23.6%  fibonacci retracement as long as hold above stock can move up and will fave 0%  fibonacci retracement resistance around 1600. Close Watch.
  • Click here to read stock analysis Of Cadila health care.
Next stock will update on 27th June 2014, Friday Around 12:00 pm.



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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

.