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BPCL stock market chart updated at 18th May 2015, Monday.




BPCL has formed head and shoulder pattern in daily charts, technical indicates it moved up from its strong support zone i.e 200 days moving average and trend line support zone at indicate in above stock market chart.
Currently BPCL is finding strong neckline resistance at current levels, this indicates once stock closes and holds above then bulls will be favored and further price rise can be seen in BPCL, weakness expecting if failed to holds above its neckline.
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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

.