Advertisement

BF UTILITIES Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock moving up from strong trend line and 200 days moving average, further strength expecting once BF UTILITIES closes above 690. (Updated on 19th September 2014, Friday).


BF UTILITIES




  • According to technical analysis chart no1, BF UTILITIES moving up from strong trend line support @ 584, as long as holds above bulls will be favored, on upper side stock will be finding resistance around 690, once closes and stays above then further strength is expecting. From past few days stock showing some good volumes with increasing price , indicates bulls are taking interest in BF Utilities. Close Watch.
    • Intraday close watch once stock starts trading above 690, if holds above then intraday bulls action is expecting.
  • As per chart analysis no2, stock is moving up from 200 DMA, as long as holds above bulls will be favored, once closes below then stock will indicate the sign of weakness.
  • As per chart no3, if stock moves up from current levels and closes above 690 then will find next strong resistance around  700 and 728, levels as per fibonacci retracement.
  • Click here for free Nifty technical analysis.

No comments:

Post a Comment

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

.