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ITC LTD Intraday trading tips


ITC LTD




  • Stock facing strong trend line resistance around 400 , technical chart indicates further up move can be seen once stock closes and holds above 400.
  • Stock also moving up from 23.6% fibonacci retracement support at current levels this indicates bulls will be favored as long as stock holds above 388.
  • As per weekly chart stock closed above its previous top this indicates as long as stock holds above its previous top further up price can be seen.

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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

.