BALAJI TELEFILMS Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock moving in range bound zone, will favor bulls once Balaji Telefilms closes above 79. (Updated On 19th August 2014, Tuesday).

BALAJI TELEFILMS

• As per previous report published on BALAJI TELEFILMS stock gave a strong up move after closing above its golden ratio @ 53 and after that made a high of 79. (Click here to see previous report published on BALAJI TELEFILMS).
• Now daily chart indicates that stock is currently moving in a range bound zone , this indicates sharp move expecting once stock comes out from it range, If stock closes and stays above 79 then stock to favor bulls for next few trading days.
• Intraday close watch once Balaji Telefilms starts trading above 79, if holds above then intraday bulls will get active and we can see some intraday action.
• Suggested Reading - ARVIND LIMITED moving in a up channel formation, stock will be favored by bulls, close watch.
• As per chart no 2 Balaji is holding its 50 days moving average . By looking at chart closely , stock took 50 DMA support from last 4 times and bounced back, and this time also moving up from 50 DMA , so as long as stock holds above it will favor bulls, but once stock closes and stays below 50 DMA it will be favored by bears and stock will give first sign of weakness.
• Even stock major trend indicator "MACD" is moving in +ve zone this indicates stock will move up.
• As per graph no3. if stock closes above 79 and moves up then stock will find next strong resistance around 91 its 161.8% fibonacci retracement. Close Watch.
• Click here to see all the free trading reports (tips) published by us on BALAJI TELEFILMS.
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DR REDDYS LABS Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock moving up from strong support zone , further strength expecting in Dr Reddys once it closes above 2852. (Updated On 19th August 2014).

DR REDDYS LABS

• DR REDDY LABS currently moving up from strong support around 2712 its 23.6% fibonacci retracement, chart indicates as long as stock holds above, it will be favored by bulls, but once stock closes and stays below 2712 then further weakness is expecting in dr reddys labs and stock can test its next support of 2640 its 38.2% fibonacci retracement as shown in graph no1.
• Intraday close watch if Dr reddys breaks 2712 , if stays below in day trading then intraday weakness is expecting.
• Suggested Reading - Arvind Limited moving in a up channel formation , stock to favor bulls.
• As per graph no2 stock is moving in a Up channel formation , as long as stock moves in its formation it will be favored by bulls , if stock comes out from its up formation on downside then sharp weakness is expecting.
• As per graph no3. stock is holding its 20 days moving average support, so trading above 20 DMA will favor bulls and if stock starts trading below 20 DMA then it will give first sign of weakness. Close Watch. Chart also indicates if Dr reddy closes above its current top of 2852 then stock will find next strong resistance around 2940, as shown in chart no 3.
• Intraday close watch if stock starts trading above 2852 in day trading , if holds above 2852 then intraday bulls action is expecing by Dr reddys labs.
• Click here to see all the free trading reports (tips) published by us on DR REDDYS LABS.
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M&M FINANCIAL SERVICES Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock currently facing strong resistance, will favor bulls once M&M FIN Services closes above 266. (Updated On 19th August 2014, Tuesday).

M&M FINANCIAL SERVICES

• M&M FIN SERVICES is currently facing strong 38.2% fibonacci retracement resistance at current levels, this indicates once stock closes and stays above 266 then stock looking bullish and can test its 50% fibonacci retracement resistance around 275. As shown in chart no1.
• Intraday close watch once stock starts trading above 266, if holds above in day trading then intraday bulls action is expecting in M&M Fin services.
• Suggested Reading - ARVIND LIMITED moving in a up channel formation, stock to favor bulls.
• As per graph no 2 stock is also finding strong 100 days moving average resistance at current level, as long as hold above stock ti favor bulls but once closes below Arvind will give sign of weakness.
• As per graph no 3 , stock was trading in down channel formation, but recently stock has come our from it and shown a bullish candle this indicates bullish breakout and stock to favor bulls, as long as stock holds above it down channel formation.
• Click here to see all the free trading reports (tips) published by us on M&M FIN SERVICES.
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ARVIND LIMITED Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock moving up from strong support zone, upper side will find strong resistance around 245 and 247.50.(Updated On 19th August 2014, Tuesday).

ARVIND LIMITED

• ARVIND LIMITED is moving in a up channel formation as shown in graph no 1, this indicates as long as stock moving in a up channel formation it will be favored by bulls. And sharp down move is expecting if Arvind comes out from its formation on down side. Close watch.
• As per graph no 2, stock is holding its 50 days moving average, by looking closely chart indicates that from last 6 times stock took its 50 DMA support and stock moved up, even this time also Arding is testing it support, If arvind closes and stays below 50 DMA then stock will give first sign of weakness.
• As per graph no 3 stock will find strong trend line resistance around 245 and 247.50, if stock closes above its trend line resistance then Arvind will find next strong resistance around  277 its 161.8% fibonacci retracement.
• Intraday close watch once Arvind starts trading above 245, if holds above in day trading then intraday bulls action is expecting.
• Suggested Reading - IOC facing golden ratio resistance at current levels, further strength expecting if closes above.
• Click here to see all the free trading reports (tips) published by us on ARVIND LIMITED.
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