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BRITANNIA facing strong support around 1857 and Resistance around 1960.


BRITANNIA


  • Stock moving up from 20 DMA chart indicates bulls will be favored.
  • Britannia also moving up from 38.2% fibonacci retracement support zone @ 1857, chart indicates as long as stock holds above bulls will be favored, weakness can be seen once it closes and holds below 1857.
  • On upper side close watch on 1960 , as stock as formed bullish candle formation, further price rise can be seen once it closes and holds above it bullish formation candle.
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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

.