Advertisement

MASTEK Failed to close above its major resistance @ 390.


MASTEK


  • Stock has showed sharp bull rally from 250 - 410 and that too with increasing volumes that too supported bulls.
  • But Mastek has failed to close above its major resistance @ 390 its 161.8% fibonacci retracement.
  • Stock can see some further correction as per technical analysis as long as holds below 390. Close Watch.
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

.