Asian Paints is on the verge of bullish breakout in weekly chart updated for 08th February 2016, Monday.


Stock has closes above its triangle pattern in daily chart, technical indicates further bulls action can be once it closes and holds above its previous top as shown in above image.

Once stock closes and holds above its previous top then bulls action can be seen for next few weeks.

Suggested reading - Click to read article on stock market myths.

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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