Advertisement

United breweries stock tips and technical outlook updated on 16th June 2015, Tuesday.


UNITED BREWERIES LIMITED


United breweries is witnessing selling pressure from 38.2% fibonacci retrcement resistance zone and now it is finding strong trend line support zone as shown in above chart.
Technical indicates stock can see further weakness once it closes and hold below its strong trend line support zone.
But if it fails to close below then we can see some bounce back from current levels.
Suggested reading - How share market works.
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

.