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Short term investment - DENA BANK - 25th April 2014 (Friday).




  • DENA BANK has formed double bottom formation in daily chart and now facing its daily and weekly resistance @ 65 as shown above.
  • Close Watch once stock starts trading above 65 then can expect intraday action in dena bank
  • And if closes above 65 in weekly chart then stock is looking good for short term investment.
Article worth reading - How Stock Market Works


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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

.