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Nelcast limited free stock and intraday tips update for 23rd October 2015, Friday.


NELCAST LIMITED


Nelcast limited is moving up from 50 DMA this indicates bulls will be favored.
Stock has also formed long bullish candle pattern and will now find strong trend line resistance around 66.50 (its previous top).
Further price rise can be seen once stock closes and holds above 66.50.

Intraday bulls action can be seen once stock closes and holds above 66.50, will find resistance around 68.50, 70.

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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

.