Advertisement

STATE BANK OF INDIA testing strong trend line resistance zone @ 327.50.


STATE BANK OF INDIA


  • Stock moving up from 50 DMA, bulls will be favored.
  • On upper side stock is now testing its previous top resistance around 327.50, chart indicates once it closes and holds above its previous top then further up trend can be seen.
  • Even stock major trend indicator is moving in +ve zone this indictes further price rise can be seen once it closes and holds above its previous top as shown above.
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

.