Advertisement

UNION BANK Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock moving up from strong trend support, will favor bulls, further strength expecting once Union Bank close above 225. (Updated on 20th September 2014, Saturday).


UNION BANK OF INDIA




  • Stock is currently facing strong golden ratio resistance at current levels, technical chart indicates once Union bank closes and holds above 225 then further up trend expecting and stock will find next resistance around 244 its previous top.
    • Intraday stock tips - close watch once Union bank starts trading above 225, if holds during market hours then intraday bulls action is expecting
  • According to stock analaysis chart no2, Union Bank holding its 50 DMA, as long as holds above bulls will be favored , once stock closes below 50 DMA then will indicate first sign of weakness.
  • Chart also indicates that stock is holding its long trend line support zone, from last 4 times stock bounced back, if closes above its resistance and stays above 225 then further strength is expecting. Close Watch.
  • Free Nifty futures 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

.