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AUROBINDO PHARMA update, further strength expecting above 1002.


AUROBINDO PHARMA




  • Stock facing strong fibonacci retracement resistance around 1002, chart indicates once stock closes and holds above 1002 then further strength is expecting.
  • Aurobindo Pharma also trading above 20 DMA as shown in chart no2, as long as stock holds above 20 DMA bulls will be favored.
  • If stock closes above 1002 and holds above then stock will find next strong resistance around 1070. 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

.