- MPHASIS currently facing strong trend line resistance around 470. Close watch chart indicates once stock closes above and stays above 470 then will favor bulls and can expect further buying.
- Daily chart indicates if closes above 470 then stock will find next strong resistance around 503 (161.8% fibonacci retracement).
- Monthly chart indicates stock has now formed triangle formation, which indicates once stock come out from its formation then sharp move is expecting. Close Watch.
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MPHASIS free nse trading tips - Stock on the verge of bullish breakout if closes above 476.50 as per technical analysis point of view. (Updated On 21st July 2014, Monday).
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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
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
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