Advertisement

CESC LTD Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock fell down after breaking its major resistance, Will favor bulls cone CESC closes above its recent high @ 828.(Updated on 19th September 2014, Friday).


CESC LTD




  • Stock gave a sharp up move after breaking its major resistance @ 785, CESC closes above its resistance but failed to sustains above and stock fell down after that, Close watch now technical chart indicates if CESC closes and stays above its recent high @ 828 then bulls will be favored for next few trading days.
    • Intraday closes watch above 828, if holds above 828 during trading hours then intraday bulls action is expecting.
  • Even stock major trend indicators "MACD" and "Stochastic Oscillator" is moving in a +ve zone, and RSI is below level 70 and stock is also moving above 20 DMA, all this indicates that bulls will be favored and further price rise can be seen as long as they stand +ve.
  • If stock moves up from current levels and closes above 828 then will find next strong resistance around 898, as shown in chart no3.
  • Click here for Nifty futures trading levels.
Posted by
Labels: , , , , , , ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

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

.