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BATA INDIA has formed triangle formation in daily chart.


BATA INDIA


  • Stock has formed triangle formation in daily charts, this indicates sharp movement expecting when stock comes out from its pattern.
  • Stock is moving up from 200 days moving average, chart indicates as long as stock holds above bulls will be favored.
  • On down side stock will find trend line support around 1235, 1226 and 1205 and On upper side stock will find trend line resistance around 1345.
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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

.