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BPCL trading forecast updated on 12th May 2015, Tuesday.




Stock has formed head and shoulder pattern in daily chart technical indicates stock can see some trading action once it closes above its neckline of if it closes below its trend line support zone then weakness expecting till then trend will be mix. Click here to read article on various methods of trading in stock markets.

Chart also indicates that BPCL is facing 200 days moving average support, once it starts trading below then bears will be favored as per moving average studies.

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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

.