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ULTRATECH CEMENTS has formed triangle formation.


ULTRATECH CEMENTS


  • Stock has formed triangle formation in daily chart, this indicates sharp movement expecting once stock comes out from its pattern.
  • Stock also moving up from 200 DMA, this indicates as long as holds above 200 DMA bulls will be favored.
  • On upper side stock will find strong trend line resistance around 2572, and 2665. 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

.