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CIPLA stock tips - Stock has formed triangle formation in daily chart, sharp movement expecting once stock comes out.


CIPLA LTD


  • Stock has formed triangle formation in daily chart, this indicates sharp movement can be seen once stock comes out from its pattern.
  • Cipla also moving up from 100 DMA, as long as stock holds above bulls will be favored.
  • On upper side stock will find strong trend line resistance around 645, once cipla closes and holds above 645 then further strength can be seen.
  • Stock major trend indicator "MACD" is moving in +ve zone this will favor bulls as long as stock moving in positive.
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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

.