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CIPLA share price chart and nse stock tips - Stock is on bull move will find strong trend line resistance around 661.50 - updated for 24th December 2015, Thursday


CIPLA LTD

Cipla share price chart indicates that stock is on bull move from 09th December 2015 from 620 and so far bulls are in action.

If stock moves up further then will test strong trend line resistance around 661.50 as shown in above technical image.

Once Cipla closes and holds above its previous top @ 661.50 then further bulls action can be seen in coming days. If it fails to holds above then stock may see some correction.

Suggested reading  - Click link below to see list of nse holidays.
http://www.niftychart.co.in/nse-holidays.html.

Stock indicator "RSI" is trading around 55.78 so far no sign of caution. "MACD" and "slow stochastic" is moving positive zone this indicates further price rise can be seen in coming days.
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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

.