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WIPRO LTD Share Market Trading Tips - Stock moving up from strong support zone, Further buying expecting if closes above 561 - as per technical analysis point of view. (Updated On 23rd July 2014, Wednesday).





  • WIPRO LTD moving up from fibonacci fan line and 20 days moving average support zone , close watch chart indicates as long as stock trades above support zone will favor bulls.
  • Daily chart also indicates stock is facing strong trend line resistance around 561, if closes above 561 and stays above then can see some bulls action for next 1-2 trading days.
    • Intraday close watch once stock starts trading above 561, once starts trading above 561 and stays above then intraday bull action is expecting.
  • If  closes above 561 then on upper side WIPRO will find next strong resistance around 572, 595 & 610 as shown above.
  • Suggested article to read from our collection - Making money in volatile market.



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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

.