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BOMBAY DYEING had formed double top formation, can see weakness if breaks it on down side,


BOMBAY DYEING


  • Stock has formed double top formation in daily chart and now hovering around its support zone, this indicates once stock comes out from it formation on down side then sharp weakness is expecting.
  • On down side will find strong trend line support around 62.50, if breaks and closes below then further weakness can be seen in coming days. 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

.