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TORRENT POWER chart update, stock looking bullish if closes above 173.50.


TORRENT POWER




  • Stock will find strong resistance around 173.50 (its previous top), bulls will be favored once it closes and holds above 173.50.
  • As per weekly charts, stock is moving in a up channel pattern, as long as moving in between its pattern bulls will be favored.
  • If Torrent power bulls get active above 173.50 and stock moves and holds above 173.50 then stock will find next strong resistance around 200 as shown in chart no3.

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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

.