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RELAXO FOOTWEARS Free Tips On Share Market - Stock moving up from strong support zone, Further buying expecting once comes out from it range - as per technical analysis point of view. (Updated On 21st July 2014, Monday).





  • RELXO FOOTWEARS is currently facing strong trend line and 50 days moving average support, daily chart indicates as long as stock trades above its support zone will favor bulls.
  • Daily chart also indicates stock has formed its range bound zone at current levels and stock is trying to break it from upper side, once stock closes above 420 with volumes and stays above then will favor bulls for next 1-2 trading days.
    • Intrday close watch,  once Relaxo starts trading above 420 and if stays above then some intraday action is expecting by bulls.
  • If Relaxo moved up from current levels then stock will find next resistance around 445 - 161.8% fibonacci retracement. Close Watch.
  • Suggested Article to read from our collection - Learning Japaneses Candlestick patterns.



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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

.