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ADP has formed double bottom formation, and stock has made a bullish breakout.


AUTOMATIC DATA PROCESSING


  • Stock has made a double bottom formation in daily chart, and ADP has closed above its trend line resistance zone, this indicates as long as stock holds above bulls will be favored.
  • Previous resistance will now act as a major support, so as long as stock holds above 86.54 further price rise can be seen in coming days. Close Watch.
  • Visit this blog daily for free stock charts.

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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

.