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BEML technical chart update - Stock in over bought zone - Updated On 09th June 2014 (Monday).






  • BEML is trading in a overbought zone, as we have witnessed sharp up move in weekly charts from 200 - 700.
  • Close Watch on strong resistance zone , stock may see some correction. As shown above will have strong trend line resistance around 771, 965 in weekly charts.
  • Stock will also have fibonacci retracement 61.8% golden ratio resistance around 832. Close Watch.

Next Stock Update - CUMMINS INDIA
Time :- 07th June 2014 (Sat.), 12:30 pm

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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

.