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MPHASIS BFL moving up from strong support zone, further strength expecting once closes and holds above 396.


MPHASIS BFL


  • Stock moving up from strong 23.6% fibonacci retracement support zone @ 378, chart indicates as long as stock holds above bulls will be favored and bounce back can see from current levels.
  • On upper side stock will find 50 DMA resistance around 396, once Mphasis closes and holds above 396 then further strength can be seen in coming days. Close Watch.
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MASTEK LTD facing strong support at current levels, bounce back can be seen as long as holds above 380.


MASTEK LTD


  • Stock facing strong fibonacci retracement support at current levels @ 380, chart indicates as long as stock holds above bull move can be seen.
  • Stock also facing 50 DMA support at current levels, as long as stock holds above 50 DMA bulls will be favored.
  • On upper side mastek will find strong resistance around 425 its previous high.
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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

.