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Technical Analysis On MUTHOOT FINANCE - 17th April 2014 (Thursday).




  • MUTHOOT FINANCE has formed rectangle formation and facing stiff resistance around 180.
  • Stock also moving up from its 50 days moving average, as shown above.
  • Close Watch once starts trading above 180 then can see some action. 
  • Fibonacci Retracement 161.8% level around 195
  • Read Article - What Is Nifty

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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

.