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BHARAT FORGE Share Tips - Stock moving up from strong support, Further buying expecting If closes above previous top as per technical analysis. (Updated On 16th July 2014, Wednesday).





  • As per previous post published on Bharat Forge , Stock gave a strong up after breaking 654. (Click here to see previous report on Bharat Forge).
  • Now Chart Indicates Stock is moving up from strong support and now finding previous top resistance around 685, Once Bharat Forge closes above 685 and stays above then stock will favor bulls.
    • Can see some intraday action in Bharat Forge once stock starts trading above 685 with volumes. Close Watch.
  • Daily chart also indicates if stock moves up from current levels then will find 161.8%  fibonacci retracement resistance around 725.
  • Weekly chart also indicates stock is moving up from 23.6%  fibonacci retracement (as shown above) this will favor bulls to move stock up. Close Watch.





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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

.