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TATA COMMUNICATIONS Intraday Tips- Stock made a bullish breakout in daily chart and moving up from strong support in hourly chart. (Updated On 07th July 2014, Monday).





  • TATA COMMUNICATIONS moving up from 38.2%  fibonacci retracement in daily chart and now made a bullish breakout as shown above, which indicates stock will favor bulls.
  • (1-2 day trading idea) - Daily chart indicates stock looking bullish as long as holds above its previous top and on upper side will find strong 161.8%  fibonacci retracement,resistance around 422.
  • (Intraday trading idea) - Hourly chart indicates stock is moving up from its previous resistance which is now acting as major support (as shown above in hourly chart). As per above technical studies stock will favor intraday traders as long as stock holds its support.



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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

.