Advertisement

DABUR INDIA Stock Tips - Stock on the verge of bullish breakout above 198. (Updated On 21st July 2014, Monday).







  • (1-2 Days Trading) - DABUR INDIA moving up from strong support and now facing strong trend line resistance around 198, Chart indicates once stock closes above 198 with volumes and stays above then will favor bulls for next 1-2 days, Close watch intraday also can see come movement if stays above 198 with volumes.
  • (Short term trend) - Weekly chart indicates stock is trading above major resistance and also moving up from its previous resistance which is now acting as a major support. So far Dabur looking bullish if stays above its previous resistance, on upper side will find 161.8% fibonacci retracement around 204.
  • (Long Term Trend) - Monthly chart indicates stock is on long term bulls run since 2008 as shown above in charts, so far no sign of weakness , so far long term trend looks bullish.



Posted by
Labels: , ,

Advertisement

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

.