BHEL free trading tips and stock tips updated for 27th October 2015, Tuesday.

Stock has formed head and shoulder pattern in daily chart, technical indicates further price rise can be seen once BHEL closes and holds above its resistance zone @ 219.
Chart also indicates that it is holding above 50 DMA this will favor bulls as long as it trades above.

Intraday bulls action can be seen once stock holds above 219, will find resistance around 222, 224.

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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