Advertisement

CIPLA LTD Stock Trading Recommendations


CIPLA LTD




  • Stock moving up from 23.6% fibonacci retracement support zone this will favor bulls, Upper side cipla will find resistance around 639, Once closes and holds above 639 then further price rise can be seen.
  • Stock also moving up from 50 days moving average, as long as holds above bulls will be favored.
  • Once stock close above 639 then Cipla will find next strong resistance around 680 (161.8% fibonacci retracement).

No comments:

Post a Comment

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

.