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BRITANNIA INDUSTRIES moving up from strong trend line and 50 DMA, stock to favor bulls.


BRITANNIA INDUSTRIES


  • Stock moving up from strong trend line support zone.
  • Stock also moving from 50 DMA, this indicates bulls will be favored as long as stock trades above.
  • Sudden increase in volumes indicates bulls are active in Britannia.
  • Stock major indicator "Momentum" indicates that when it starts trading above 100 levels then we can see some further activity.
  • On upper side stock will find strong trend line resistance around 1822 and 1855, further price rise can be seen once stock closes and holds above its major resistance.
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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

.