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TATA MOTORS tips on share market, Stock looks weak below 492.50.


TATA MOTORS




  • TATA MOTORS facing 50 DMA support @ 492.50, chart indicates once stock starts trading below 492.50 then bears will be favored and we can see some further weakness.
  • Chart also indicates stock is coming down from strong trend line resistance this will favor bears.
  • Once stock closes and stays below 492.50 then TATA MOTORS will find next support around 460 its 161.8% fibonacci retracement level.
  • Tips on share 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

.