Eros International free nifty stock tips and tips on share updated for 27th October 2015, Tuesday.

EROS INTERNATIONAL

Stock witnessed strong selling pressure and has formed long bearish candle in daily chart.

Technical indicates it will find strong trend line support at its previous bottom @ 342, chart indicates further weakness can be seen once it closes and holds below 342.

Above image indicates that their is a sudden increase in volumes this shows that bears are active in Eros.

Intraday stock looks weak below 342, will find support around 338, 335.

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EROS INTERNATIONAL stuck in a range bound zone, sharp movement expecting once it closes out from its pattern.

EROS INTERNATIONAL

• Stock holding above its strong trend line support zone this indicates bulls will be favored.
• Current technical chart also indicates that stock is stuck in a range bound zone, this indicates sharp movement expecting once stock comes out from its pattern. Close Watch.
• Golden trading rules.

Intraday EROS MEDIA resistance around 171. 20th May 2014 (Tuesday).

• EROS MEDIA facing 50 days moving average support.
• If stock moved up from current levels then will face trend line resistance around 171.
• Close Watch once starts trading above 171 then can expect some intraday action.

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Technical Analysis On EROS MEDIA

EROS MEDIA is moving in a down channel as shown above close watch can see some action once starts trading above trend line resistance. Visit our site for more technical charts and levels