GAIL INDIA Stock Tips - Stock stuck in a range bound zone and will find resistance around 470. (Updated On 10th July 2014, Thursday).

  • GAIL (I) stuck in a range bound zone in daily chart, and now testing 20 days moving average support zone, Close Watch if GAIL closes above its range (470) and must stays above then stock looking bullish for next 1-2 days.
  • Weekly chart indicates stock also finding strong 161.8% fibonacci retracement resistance, if closes above and stays above in weekly chart then GAIL looking good for short term traders.
  • Monthly chart indicates stock has closed above its golden ratio fibonacci retracement as shown above, its a bullish signals for long term traders close watch as long as stock hold above its golden ratio resistance , chances are high stock to favor long term bulls of GAIL (I).

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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