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TATA ELXSI (I) Indian stock market, Intraday stock tips


TATA ELXSI (I)




  • Stock is moving up from strong trend line support zone, further price rise can be seen as long as stock holds above.
  • On upper side stock is facing golden ratio fibonacci retracement resistance zone @ 650 as shown in chart no2. Further price rise can be seen once stock closes and holds above 650.
  • As per technical chart no3, stock is holding 100 DMA support from last few weeks this indicates bulls are having grip in this stock.
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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

.