Advertisement

IOC bullish candle pattern and free intraday tips updated for 23rd November 2015, Monday.

INDIAN OIL CORPORATION (IOC)

Stock has formed rectangle pattern in daily chart technical indicates further price rise can be seen once stock closes and holds above its resistance zone @ 416.
Stock also formed bullish candlestick-patterns in daily chart this indicates further price rise can be seen in coming days.

Intraday IOC looks good if it holds above 416.
Will find resistance around 419.50, 422.
S.L - 414.
Posted by
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Advertisement

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

.