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TATA MOTORS Intraday tips, Intraday trading


TATA MOTORS




  • Stock has formed head and shoulder formation in daily chart, this indicates further price rise can be seen if stock made a bullish breakout.
  • Recently stock showed sudden increase in volume this will favor bulls, on upper side stock will find trend line resistance around 551, further price rise can be seen once stock closes and holds above 551.
  • Chart also indicates that stock also holding 100 DMA support, as long as holds above 100 DMA further price rise can be seen as shown in technical chart no3.
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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

.