WIPRO LTD testing its major support around 517 - 06th May 2014 (Tuesday).

  • WIPRO facing its strong trend line support as shown above around 517.
  • Stock also facing its fibonacci retracement (04th major support).
  • Even macd is in -ve zone indicates further weakness.
  • Close Watch once starts trading below 517 with volume can see further weakness.

CADILA HEALTHCARE facing strong support at current levels - 06th May 2014 (Tuesday).

  • CADILA HEALTH care facing strong support at current levels as shown above
  • Stock facing strong long trend line support
  • As well as 1st Fibonacci retracement support level
  • And 50 days moving average support zone.
  • As long as stock stays above its all support zone, CADILA looks bullish.


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