BPCL Share Tips - Stock has formed Triangle Formation in hourly chart. (Updated On 30th June 2014, Monday).

  • BPCL has formed triangle formation in hourly charts, which indicates, stock to give sharp intraday move once it come out from its triangle formation on either side. Close Watch.
  • Daily chart indicates that stock moved from its  fibonacci fan 1st line support as shown above as long as it trades above stock to favor bulls.
  • Weekly chart indicates stock is moving up from 23.6% fibonacci retracement and 10 weeks moving average, will favor bulls.
  • So far chart indicates stock to break its triangle formation on upper side. Close Watch.
  • Suggested stock to read from past report - Indraprastha Gas Ltd (IGL)


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