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Tips On Share Market India - BIOCON is on the verge of breakout, has formed double bottom formation. (Updated On 25th June 2014, Wednesday).





  • BIOCON is moving in a range bound zone from last few weeks, stock is moving in a rage zone of 510 -514 as shown above, stock is today trying to come out from its range. If BIOCON closes above 514 and stays above then further up move is expecting in BIOCON.
  • Weekly chart is indicating stock has formed double bottom bullish formation and is on the verge of breakout above same level @ 514, If stock closes above 514 in weekly chart and remains above then stock is looking bullish for its short term.
  • Monthly chart indicates that Stock will turn bullish for long term if it closes above trend line resistance with a long bull candle which is currently in progress for the month of June. Stock also moving up from 10 months moving average which will favor bulls to take stock further up in coming months.
Next Stock update at 25th June 2014, Wednesday, Around 2:00 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

.