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Dr Reddys labs free stock market tips and share market updated for 08th February 2016, Monday.



DR REDDYS LABS

Stock has formed head and shoulder pattern in daily chart, technical indicates trend will be mix with no clear direction as long as it holds in between its pattern.

Suggested reading - What is stock market.

Bull action can be seen once stock holds above its trend line resistance zone as shown in above image.

Stock also holding above 50 DMA this will favor bulls.
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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

.