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Tips On Share - TCS facing strong resistance around 2300. (Updated On 24th June 2014, Tuesday).





  • TCS has formed strong double bottom formation in daily chart, indicates once comes out from its formation then sharp rally is expecting. On upper side stock is facing strong trend line resistance around 2300, 2385.
  • Weekly chart indicates that stock moving up from 38.2% fibonacci retracement and also from 50 weeks strong moving average , indicates as long as stays above will favor bulls in short term.
  • Monthly chart indicates that stock is moving in a strong long term bulls rally as shown above moving up from price around 220  in early 2009 and now trading around 2300 in year 2014. Stock also moving up from 10 months moving average . As long as stock stays above its moving average till then technically long term trend remains bullish.
Next Stock Update On 24th June 2014, Tuesday 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

.