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Cipla Ltd free technical analysis and stock chart updated on 20th October 2015, Tuesday.


CIPLA LTD


Stock has formed triangle pattern in daily chart and also bouncing back from 50 DMA as shown in above technical chart, this will favour bulls as long as stock holds above 50 DMA. On upper side stock will find resistance around 692, further price rise can be seen once stock closes and holds above 692.

 Intraday bulls action can be seen once stock holds above 692. Intraday will find resistance around 697.50, 700.

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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

.