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LARSEN & TOUBRO made a bullish breakout, further price rise can be seen in coming days.


LARSEN & TOUBRO


  • Stock holding above 200 DMA, this indicates as long as stock holds above bulls will be favored.
  • Stock also moving up from strong trend line support zone.
  • Current chart indicates that L&T has made a bullish breakout as it closes above its previous resistance @ 1693, this indicates that previous resistance will now act as a major support for L&T.
  • So as long as holds above 1693 further price rise 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

.