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INTEL CORPORATION moving in a range bound zone, sharp movement expecting once it comes out from its pattern.


INTEL CORPORATION


  • Stock currently finding 100 DMA support, technical indicates that as long as stock holds above 100 DMA bulls will be favored but once it starts trading below 100 DMA then stock will be favored by bears.
  • Chart also indicates that Intel is moving in a range bound zone, sharp movement expecting once stock comes out from its formation.
  • Upper side stock will find strong resistance 37.90 and will find support around 35.26 as shown in above image.
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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

.