Advertisement

APOLLO TYRES free stock tips, Bullish breakout above 227.


APOLLO TYRES




  • APOLLO TYRES will be testing trend line resistance around 227, chart indicates once stock closes and holds above 227 it will be favored by bulls.
    • Intraday close watch once stock starts trading above 227, if holds above 227 with volumes then intraday bulls action is expecting.
  • Technical Chart also indicates stock moving up from 50% fibonacci retracement support zone, as long as stock holds above bulls will be favored.
  • If stock moves up further and closes and holds above 227 its previous top then will next strong resistance around 240 its 161.8% fibonacci retracement as shown in technical chart no3.

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

.