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Tips On Share Market - DR REDDYS LABS trading above 38.2% fibonacci retracement , will favor bulls. (Updated On 26th June 2014, Thursday).





  • DR REDDYS LAB moving up from strong 161.8% fibonacci retracement and still moving up after taking support around 2260. As shown above.
  • Daily Chart also indicates that stock is now trading above its 38.2% fibonacci retracement and will favor bulls to take price further up. On upper side stock will face fibonacci retracement resistance around 2515, 2575.
  • Monthly chart of Dr Reddys labs indicates that stock is moving up from its 23.6% fibonacci retracement and favor long term bulls, if stock moves up from current levels and stays above then can test its previous top around 2950 in coming months.
Next Stock Update On 25th June 2014, Wednesday Around 7:00 pm



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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

.