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STEEL AUTHORITY OF INDIA (SAIL) Share Tips - Stock facing strong support at current level, Can see some bull action if hold its support, as per Technical Analysis point of view. (Updated on 15th July 2014, Tuesday).





  • STEEL AUTHORITY OF INDIA (SAIL) moving up from strong Support (81) fibonacci arc and trend line as per daily chart. Which indicates as long as stock trades above will favor bulls, And If stock closes below 81 then we can see further weakness in SAIL.
  • Daily chart also indicates stock is facing 100 days moving average support, as long as SAIL trades above will favor bulls.
  • If stock moved up from current levels then on upper side will find strong trend line resistance around 93. 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

.