UNITED SPIRITS (MC DOWELLS) Stock Tips - After strong selling , stock is now moving up from strong support. (Updated On 14th July 2014, Monday).

  • UNITED SPIRITS (MC DOWELLS) , after strong selling from 2900 , stock is moving up from strong support line 2250, chart indicates as long as stock holding this support line stock can move up from current levels.
  • Daily chart also indicates stock entered is over sold zone as RSI moved below 30 levels and now moving up, which indicates stock can move up.
  • If stock moves up from current levels then will find strong 23.6%  fibonacci retracement around 2400 levels. Close Watch.
  • Stock was on news 04th July 14 - Liquor major  United Spirits  said its shareholders have approved sale of its UK arm Whyte & Mackay for 430 million pounds to the Philippines-based Emperador

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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