Tips On Share - AMTEK INDIA, stock made a bullish breakout. (Updated On 16th June 2014, Monday).

  • AMTEK INDIA has made a bullish breakout in weekly charts, indicates stock to move further from current levels.
  • Weekly chart also indicates that stock now trading in overbought as RSI trading above 70 as shown above.
  • Close Watch now previous resistance will now act as a major support, as long as stock trades above its previous resistance (around 125) stock to favor bulls.

Tips On Share - SUN PHARMA On the verge of breakout. Updated On 16th June 2014 (Monday).

  • SUN PHARMA has formed rectangle formation in weekly chart, chart indicates once stock comes out from its rectangle formation then sharp move expecting (any side breakout).
  • Daily chart indicates stock is facing trend line resistance around 638, 644 & 653.
  • Daily chart indicates that once stock starts trading above 653 with volumes and closes above then will face next fibonacci retracement resistance around 715.


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