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PRAJ INDUS technical chart update, stock bullish above 71.50.


PRAJ INDUSTRIES




  • Stock facing strong golden ratio resistance around 71.50, will favor bulls once it closes and holds above 71.50, On upper side will find next strong resistance around 74.50 and 79 as shown above.
  • Stock also moving up from 200 days moving average, as long as stock holds above 200 DMA  bulls will be favored.
  • As per monthly chart stock is trading above its strong trend line resistance zone, as long as stock holds above its trend line resistance zone bulls will be favored as show in chart no3.
  • Click here for more technical analysis charts with auto buy and sell signals.
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INDIAN HOTELS to test strong trend line resistance @ 111.


INDIAN HOTELS




  • Stock to test strong trend line resistance @ 111, will favor bulls once it closes and holds above 111.
  • Indian Hotels also moving up from strong trend line support zone, this will favor short-long term traders.
  • Technical chart also indicates stock is trading above 50 DMA this too will favor bulls as long as stock holds above.
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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

.