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BATA Intraday trading strategies, Intraday trading tips


BATA




  • Stock moving in up channel formation, this indicates stock will favor bulls as long as BATA moving in up pattern.
  • As per chart no2, stock will find strong fibonacci retracement resistance around 1345, once stock closes and holds above 1345 further price rise can be seen.
  • As per stock analysis chart no3, 200 DMA paying an important role, from last 5 times stock bounced back from 200 DMA this will favor bulls for further bulls rally. Close Watch.
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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

.