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MASTEK LTD- Technical Analysis Chart- Stock on the verge of breaking out its Golden Ratio - Fibonacci Retracement Resistance. (Updated On 04th July, 2014, Friday).





  • MASTEK LTD is moving up strongly from trend line support, close watch charts indicates stock to favor bulls.
  • Daily chart also indicates Mastek is moving up from 20 days moving average, as long as stock holds above it will favor bulls.
  • Stock is now facing strong Golden Ratio - Fibonacci Retracement resistance around 206, If stock closes above its golden ration then looking bullish for next 1-2 days. 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

.