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BOMBAY DYEING made a bullish breakout , will favor bulls as long as stock holds above 76.50.


BOMBAY DYEING


  • Stock had formed double top formation and made a bullish breakout by closing above it top @ 76.50.
  • Current bull move is support with good volumes this indicates bulls are currently active.
  • Previous resistance is now acting as a major support @ 76.50. This indicates as long as Bombay Dyeing holds above further price rise can be seen in coming days. 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

.