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BPCL intraday trading tips


Charts updated on - 02nd March 2015.


BPCL has formed head and shoulder formation in daily chart, technical indicates sharp movement expecting once it comes out from its formation. On upper side BHARAT PETROLEUM will find strong trend line resistance around 786 (its previous top). Will favor bulls once it closes and holds above its previous top. Inraday we can see some actions once it holds above its trend line. 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

.