ADITYA BIRLA NUVO Free Share Tips - Stock moving up from strong support zone , currently finding resistance - further buying expecting once stock closes above 1450 - as per technical analysis point of view. (Updated On 25th July 2014, Friday).

  • ADITYA BIRLA NUVO moving up from 38.2 % fibonacci retracement and 50 days moving average support zone, close watch chart indicates as long as stock trades above it will favor bulls.
  • Now daily chart indicates stock is finding strong 61.8% fibonacci retracement (golden ratio) resistance around 1450 , once stock closes above 1450 and stays above then stock looking bullish for next 1-2 trading days.
    • Intraday close watch once stock starts trading above 1450, if stays above then some intraday action is expecting.
  • Daily chart also indicates stock has formed triangle formation, which signifies once stock comes out from its triangle formation then stock can give sharp move. Close Watch.
  • Click here to view all reports published on ADITYA BIRLA NUVO.

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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