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ESCORTS free trading tips, Stock to test strong resistance @ 167.


ESCORTS LTD




  • ESCORTS LTD facing strong trend line resistance around 167, close watch charts indicates stock to favor bulls once it closes and stays above 167.
  • Stock also moving up from 50% fibonacci retracement support zone as shown in chart no1, this will favor short-long term traders.
  • Once stock closes and holds above 167 then will find next strong resistance around 185 its 161.8% fibonacci retracement. Close Watch.
  • Visit out site for more free trading tips on Indian stock market.

FEDERAL BANK Technical Analysis, Stock favor bulls above 133.50.


FEDERAL BANK




  • FEDERAL BANK moving up from long trend line support zone, and now facing trend line resistance around 133.50. Once closes and stays above 133.50 then bulls will be favored.
  • As per technical analysis chart no2, stock is moving in a up channel formation, and witnessed increase in volume, so as long as stock moves in up channel formation bulls will be favored.
  • Stock also moving up from 100 DMA, if we look at chart closely stock bounced from 100 DMA from last 4 times, as long as stock holds above bulls will be favored.

ADANI ENTERPRISES bulls use stop loss 449.


ADANI ENTERPRISES




  • ADANI ENTERPRISES facing strong golden ratio support @ 449. As long as holds above bulls will be favored, once closes and stays below 449 then we can see some bears action for next few trading days.
  • Stock also holding strong trend line support around 449, if breaks its support then will favor bears. Bulls can use 449 as a stop loss and hold adani enterpises.
  • Stock also facing 50 DMA support zone, from last 2 times stock bounced back from its moving average support, close watch as long as hold above bulls will be favored, but once closes below 50 DMA bears may get active.

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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

.