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EXIDE INDS moving up from 200 DMA, Upper side will find resistance around 178.


EXIDE INDS


  • Stock moving up from 200 DMA, chart indicates as long as stock holds above bulls will be favored.
  • On upper side stock will find strong trend line resistance around 178, this indicates once stock closes and holds 178 then further bull trend can be seen.
  • Even stock major trend indicator "MACD" is moving in positive zone and trading above level zero this indicates further price rise can be seen.
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UNION BANK has made a bullish breakout, formed double bottom formation.


UNION BANK


  • Stock has formed double bottom formation , and made a bullish breakout, chart indicates as long as holds above bulls will be favored.
  • On upper side Union bank will find next strong trend line resistance around 244 and 259.
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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

.