ALEMBIC PHARMA Tips On Share - Stock facing strong trend line resistance around 321 in weekly and daily chart. (Updated On 14th July 2014, Monday).

  • ALEMBIC PHARMA facing strong trend line resistance in daily chart , so far stock witness strong selling as soon as it reaches its resistance, Close Watch chart indicates if stock closes above 321 with volumes and it must stays above then stock will favor bulls and bulls can take this stock higher. Intraday close watch once stock starts trading above 321 can see some action.
  • Weekly charts also indicates the same , stock testing is previous top resistance and witnessing selling, Closing above its previous top with volumes and if stays above then stock looking good for short term trade. 
  • Weekly chart indicates stock if stock made a bullish break out then find strong 161.8% fibonacci retracement resistance around 370, as shown above.

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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