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AMTEK AUTO has formed triangle formation in daily charts.


AMTEK AUTO


  • Stock has formed triangle formation in daily charts, technical indicates sharp movement expecting once stock comes out from its formation.
  • Stock is also finding 50 DMA resistance at current levels, once stock starts trading above 50 DMA then stock will be favored by bulls.
  • On upper side stock will find trend line resistance around 183 & 187, once it stock closes and holds above its resistance then further price rise can be seen in coming days.
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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

.