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TCS Technical Analysis Chart - Stock bullish as holding above its previous top. (Updated On 04th July 2014, Friday).






  • TCS gave a sharp up move after breaking its double bottom formation as shown above, stock has now break its major resistance (trend line), and now holding above , close watch as long as stock holds above it previous top TCS looking bullish and can see bulls to active.
  • Weekly chart also indicates that stock is moving up from 38.2%  fibonacci retracement and also moving up from 50 weeks moving average , and now made a bullish breakout and holding above its previous top. As stock holds above it previous top TCS looking bullish.
  • Monthly chart indicates TCS is on its long bull run from Rs.220 and trading above its 10 months moving average , as long as stock hold above, TCS looking good for long term.



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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

.