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TECH MAHINDRA stuck in a range with false breakout. (Dated: 15th May 2014).






  • TECH MAHINDRA moving up from weekly support of fibonacci retracement, indicates will favor will bulls in short term as long as it stays above 1st support of fibonacci retracement as shown above.
  • Buy in daily chart it indicates that stock stuck in a range that too with false breakout.
  • Stock will now face small resistance around 1860, if starts trading above 1860 with volume then can see some intraday action, close watch.
  • Visit article from our collection - Short selling in strong markets


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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

.