TATA STEEL Share Tips Today - Close Watch stock moving up from strong support. (Updated On 01st July 2014, Tuesday).

  • TATA STEEL is moving in range bound zone in a hourly chart, and also trading above its 200 hours moving average. Close Watch can see sharp move intraday once TATA STEEL breaks its range bound zone , and trading above 200 hours moving average will favor bulls.
  • Daily charts indicates that stock is moving up from its strong fibonacci fan line support , if hold above then stock can move up further.
  • (Short term trend) - Weekly chart indicates stock is at strong support of 23.6% fibonacci retracement support , stock to favor short term traders as long as it trades above its support line as shown above,


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