- BANK OF INDIA moving in a down channel and witnessed selling from resistance as shown above, Close watch as long as trades below 303 stock will favor bears.
- Closing above 303 will favor bulls.
- Daily chart also indicates stock has formed Bearish Engulfing candle formation and also closed below 20 days moving average this will too favor bears.
- Click here to understand Candlestick studies. - An article published by us.
- If stock falls from current levels then will find strong trend line support around 267, 264, 256. Close Watch.
- Click here to see all reports published by us on BANK OF INDIA on the bases of Technical Analysis.
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BANK OF INDIA Share Tips - Stock witnessed selling from resistance, Stock will favor bears as long as trades below 303 - as per technical analysis point of view. Updated for 28th July 2013, Monday).
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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
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
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