Tips On Share - TATA ELXSI (I) On the verge of breakout , has formed Triangle formation in daily chart. (Updated On 26th June 2014 , Thursday).

  • TATA ELXSI (I) has formed triangle formation in daily charts, which indicates that once stock breaks its triangle formation then can see sharp move for next few days, if breaks on up side then will favor bulls but if breaks on down side will favor bears. 
  • (Short term trend) - Weekly chart indicates that stock is moving up from 38.2 % fibonacci retracement and 20 weeks moving average, as long as holds above stock will favor bulls for short term trades.
  • (Long term trend) - Monthly chart indicates that stock is coming down from 261.8% fibonacci retracement and now correcting. No clear direction for long term trend of TATA ELXSI.
Next Stock Will Update On 26th June 2014 , Thurday Around 12:30 pm - CADILA HEALTH CARE


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