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Another Banking Stock To Catch Fire - UNITED BANK OF INDIA above 38. Dated:15th May 2014 (Thursday).





  • UNITED BANK OF INDIA facing strong 1st  fibonacci retracement around 38.50,
  • Stock Also trading above its 50 weeks moving average , as long as sustains above its 50 weeks moving average will favor united bank of india bulls.
  • In daily charts stock is facing trend line resistance around 38.
  • Close Watch once start trading above 38 with volume then can see bulls to get active in united bank of india and stock can move further up.


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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

.