UNITECH moving up from strong trend line support zone, bulls will be favored as long as holds above.

UNITECH

Charts updated on - 23rd February 2015.

• Stock moving up from strong trend line support zone, chart indicates as long as stock holds above bulls will be favored.
• Further price fall can be seen once Unitech closes and holds below 15.45.
• On upper side bull rally can be seen once stock closes and holds above 19.90 (its previous top).
• Click here for trading ideas on Suzlon Energy.

UNITECH coming down from 200 DMA, further weakness expecting.

UNITECH

• Stock coming down from strong trend line and 200 DMA resistance zone, this indicates as long as stock holds below 19.90 further weakness is expecting.
• On down side stock will find support around 15.45 and 13.85, bulls will have some hopes for bounce back once stock reaches it support zone.
• Further price fall can be seen once stock closes and holds below its support line. Close Watch.
• Click link below to see forecast on Nifty Futures.
• http://tipsonshare.blogspot.com/p/nifty-futures-chart.html.

UNITECH moving up from strong support, further uptrend can be seen as long as holds above 13.80.

UNITECH

• Stock moving up from strong trend line support zone, this indicates as long as stock holds above 13.80 bulls will be favored.
• If Unitech moves up further then on upper side stock will find resistance around 17.80, 19 and 20.45 (levels as per fibonacci retracement).
• Stock major trend indicator "MACD" is moving in positive zone this will favor bulls for further up move.

UNITECH LTD Free Stock Tips - Stock facing strong support at current levels, Will favor bulls as long as hold above 24.50. (Updated On 16th July 2014, Wednesday).

• UNITECH LTD facing strong trend line support and 50%  fibonacci retracement support at current levels, chart indicates stock closed with small bullish candle. As long as stock holds above 24.50 will favor bulls.
• And if stock closes below 24.50 and stays below then further selling expecting in Unitech Ltd.
• Daily chart also indicates stock took support of  fibonacci fan and  fibonacci arc as shown above As long as stock holds above 24.50 will favor bulls.
• If stock moves up from current levels then will find resistance around 28, 30, 31.75 & 33.50 as shown above.