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BOMBAY DYEING made a bullish breakout , will favor bulls as long as stock holds above 76.50.


BOMBAY DYEING


  • Stock had formed double top formation and made a bullish breakout by closing above it top @ 76.50.
  • Current bull move is support with good volumes this indicates bulls are currently active.
  • Previous resistance is now acting as a major support @ 76.50. This indicates as long as Bombay Dyeing holds above further price rise can be seen in coming days. Close Watch.

PURAVANKARA PROJECTS is moving in range bound zone sharp move expecting once stock comes out from its formation.


PURAVANKARA PROJECTS


  • Stock moving in range bound zone, chart indicates sharp movement expecting once stock comes out from its formation.
  • On upper side stock will find resistance around 86 and support @ 77.
  • Stock also finding strong 50 DMA resistance around 86, once stock closes and holds above 86 then bulls will be favored. Close Watch.

PC JEWELLERS is on the verge of bullish breakout @ 278.


PC JEWELLERS


  • Stock has formed bullish candle formation in daily charts, this indicates bulls will be favored and further price rise can be seen in coming days.
  • On upper side PC Jewellers will find strong trend line resistance around 278 (its previous top), once stock closes and holds above 278 then further price rise can be seen in coming days. Close Watch.

PTC INDIA has formed triangle formation, sharp movement expecting once stock comes out from its pattern.


PTC INDIA


  • Stock has formed triangle formation in daily chart, this indicates sharp movement expecting once it comes out from its pattern.
  • On upper side will find strong resistance around 96, further price rise can be seen once stock closes and holds above 96.
  • PTC also moving and holding above 200 DMA, this indicates bulls will be favored. Close Watch.

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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

.