MAX INDIA Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock has formed Triangle formation in daily chart, will favor bulls once closes above 335. (Updated On 27th August 2014, Wednesday).

MAX INDIA

• As per previous report published on MAX INDIA stock gave sharp bullish move after breaking its trend line resistance @ 220 and after that stock touched its resistance @ 265 as mentioned in our previous report. (Click here to see previous report published on MAX INDIA).
• Now current charts indicates that stock has formed triangle formation, this indicates sharp move is expecting once stock comes out from its formation , but looking at graph no1 , stock will test its strong trend line resistance around 335, once stock closes and stays above 335 it will be favored by bulls for next few trading days. Close Watch.
• Intraday stock pick , Chart indicates once stock starts trading above 335 during market hours then intraday bulls action is expecting.
• As per graph no2. stock is moving up from 50 days moving average , this indicates that as long as stock holds above 50 DMA it will be favored by bulls. by looking closely.. stock had bounced back from its 50 DMA from last 2 times this time also it is bouncing back. Close watch as long as holds above it will favored by bulls.
• Suggested Reading - BERGER PAINTS trading above its resistance zone, will favor bulls as long as holds above.
• As per graph no3  stock major trend indiactor "MACD" is moving in +ve zone and above level zero, and other indicator  "Stochastic Oscillator" is also mobing in +ve zone this indicates stock can give bull rally. Close watch.
• Click here to see all the free trading reports (tips) published by us on MAX INDIA.
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BERGER PAINTS Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock holding above its strong resistance, will favor bull, further strength expecting once close above 248. (Updated On 27th August 2014, Wednesday).

BERGER PAINTS

• As per previous report published on BERGER PAINTS stock made a bullish breakout @ 310 and made a high @ 327.50 but after that stock came down but later it touched its resistance @ 337 as mention in previous report. (Click here to see previous report published by on BERGER PAINTS).
• Now daily chart indicates that stock is trading above its resistance @ 161.8% fibonacci retracement as shown in chart no1. As long as stock holds above its resistance zone it will be favored by bulls, close watch stock made a recent high @ 348, if closes above 348 and holds above then further strength is expeting in Berger Paints.
• Intraday Trading Calls , close watch once stock starts trading above 348 during market hours , if holds above then intraday bulls action is expecting.
• As per graph no2 stock is moving up 20 days moving average , as long as stock holds above it will favor bulls, by closely looking at Graph no 1 it indicates that from last 6 times stock took its 20 DMA support and bounced back. 20 DMA is paying an important role in Berger Paints, this can not be ignored.
• Suggested Reading - APOLLO TYRES facing strong trend line support at current levels, weakness expecting once closes below its support zone.
• As per graph no3 if stock moves up from current levels then will find next strong resistance around 373 its 261.8% fibonacci retracement. Close Watch.
• Click here to see all the free trading reports (tips) published by us on BERGER PAINTS (as per technical analysis point of view).
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APOLLO TYRES Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock will be facing strong support at 160, weakness expecting if closes below. (Updated On 27th August 2014, Wednesday).

APOLLO TYRES

• As per previous post published on APOLLO TYRES stock closed below 164.50 and touched 161 and bounced back. So gave a false breakout. (Click here to see previous report published on APOLLO TYRES).
• Now daily chart indicates that stock will find strong support around 160, If Apollo Tyres closes and stays below 160 then further weakness is expecting. Chart also indicates that stock is coming down from its 50 Days moving average , so as long it trades below it will be favored by bears.
• Intraday share tips - Close watch once stock starts trading below 160, if holds below during market hours then intraday weakness is expecting.
• As per graph no 2, below 160 , stock will find strong support around 157.50 its 50%  fibonacci retracement below that will find support around 155 its trend line.
• Suggested Reading - SAIL facing strong trend line support at current levels , weakness expecting is closes below till then will favor bulls.
• As per graph no3 , stock is also coming down from strong trend line resistance, this will favor bears.
• Click here to see all the free trading reports (tips) published by us on APOLLO TYRES.
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SAIL Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock facing strong trend line support around 80, Weakness expecting if closes below, till then stock can move up. (Updated on 26th August 2014, Tuesday).

SAIL

• As per previous report published on SAIL, stock moved up from support @ 81 and made a high around 92. (Click here to see previous report published on SAIL).
• Now current chart indicates that stock is again finding support around 80 its trend line as shown in graph no1. As long as stock holds above it will favor bulls, but once SAIL closes and stays below 80 then bears will get active and we may see some weakness for next few trading days.
• Intraday tips for tomorrow - Close watch once stock starts trading below 80 during trading hours, if holds below 80 then intraday weakness in expecting.
• As per graph no2 stock is trading below 100 days moving average this indicates weakness , by looking at chart closely stock took its 100 DMA support from last 2 times and bounced back but this time its trading below 100 DMA, this signifies weakness as long as trades below.
• Suggested Reading - HEXAWARE TECHNOLOGIES facing strong golden ratio resistance, will favor bulls once stock closes above.
• As per graph no3 if stock closes and stays below 80 then SAIL will next strong support around 75 its 161.8% fibonacci retracement.
• Even stock major trend indicator "MACD" is movig in -ve zone and below level zero this will favor bears , and other indicator "RSI" is moving above 30 levels this indicates stock is not in oversold zone and no problem from RSI if stock falls.
• Click here to see all the free trading reports (tips) published by us on SAIL.
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