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CROMPTON GREAVES Intraday trading


CROMPTON GREAVES




  • Stock facing strong trend line support @ 165, chart indicates as long as holds above 165 stock can bounce back, once it closes and holds below 165 then further weakness can be seen in crompton.
  • Stock also holding below 200 DMA, this indicates bears will be favored.
  • As per weekly chart, stock is also facing 50% fibonacci retracement support at current levels @ 165. 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

.