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MICROSOFT CORPORATION moving in down channel, Will favor bulls once it comes our from its pattern.


MICROSOFT CORPORATION


  • Stock currently moving up and holding above 200 DMA this indicates as long as stock holds above bulls will be favored.
  • Currently Microsoft moving in a down channel pattern, sharp movement expecting once stock comes out from its pattern.
  • Technical indicates that on upper side Microsoft will find strong trend line resistance around 47.91, 49.05 and 50.05, further price rise can be seen once stock close and holds above its trend line resistance.
  • Visit this blog for more technical levels on stock and indices.
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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

.