Advertisement

BIOCON moving in down channel formation.


BIOCON


  • Stock moving in down channel formation, this indicates as long as BIOCON moving in down pattern bears will be favored.
  • Stock also coming down from 200 days moving average resistance zone, this indicates bears will be favored as long as trades below 200 DMA.
  • On down side stock will find strong trend line support @ 408, once stock closes and holds below 408 then further weakness can be seen. Close Watch.
  • Suggested Article - Trading tricks In Stock Market
Posted by
Labels: , , , ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Advertisement

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

.