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HDIL Technical Analysis Chart - Stock has formed descending triangle formation and indicating weakness below 86. Close Watch (Updated for 28th July 2014, Monday).







  • HDIL has formed descending triangle formation in hourly chart , which indicates once stock starts trading below 86 and must  stays below then intraday selling is expecting in HDIL.
  • Daily chart also indicates stock has formed strong trend line support around 86 and stock is also trading below 50 days moving average, Once stock closes below 86 and if stays below then further selling is expecting.
  • If stock falls then will find strong 61.8% fibonacci retracement (golden ratio) support around 84 and below that will find trend line support around 81.50 - as shown above in chart. Close Watch.
  • Daily chart also indicates HDIL MACD  indicator has is indicating weakness and now it has come down below 0 levels as show below, which indicates weakness for short term.
  • Click here to see all the reports (tips) published by us on HDIL (as per technical analysis point of view).



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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

.