Advertisement

FEDERAL BANK Technical Analysis, Stock favor bulls above 133.50.


FEDERAL BANK




  • FEDERAL BANK moving up from long trend line support zone, and now facing trend line resistance around 133.50. Once closes and stays above 133.50 then bulls will be favored.
  • As per technical analysis chart no2, stock is moving in a up channel formation, and witnessed increase in volume, so as long as stock moves in up channel formation bulls will be favored.
  • Stock also moving up from 100 DMA, if we look at chart closely stock bounced from 100 DMA from last 4 times, as long as stock holds above bulls will be favored.
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

.