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Intraday tips- Mother Summit close watch above 306.50. Dated: 03rd June 2014 (Tuesday).





  • MOTHERSON SUMMIT moving in an up channel formation and will favor bulls,
  • Intraday facing strong resistance around 306.50, Once starts trading above 306.50 with volume then will favor bulls.
  • Stock also facing 161.8% fibonacci retracement resistance @ 306.50.
  • Stock also trading above 10 days moving average.
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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

.