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RANBAXY LABS has formed triangle formation


RANBAXY LABS


  • Stock has formed triangle formation in daily chart, this indicates sharp movement expecting once stock comes out from its pattern.
  • Stock also trading around 100 days moving average, as long as holds above bulls will be favored once it closes and holds below then bears will be favored.
  • Close watch once stock closes and holds below its support zone @ 606 then stock can favor bears.
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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

.