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STRIDES ACROLABS - STAR Free Share Market Tips - Stock moving up from strong support zone, further buying expecting once STAR closes above 690 - As per Technical Analysis view point. (Updated On 22nd July 2014, Tuesday).





  • STRIDES ACROLABS (STAR) moving up from strong trend line and 20 days moving average support zone, as long as stock hold above this support zone will favor bulls.
  • Daily chart also indicates stock is also moving up from fibonacci fan first line support, and now facing strong trend line resistance around 690, Once closes above 690 and stays above then STAR looking bullish from next 1-2 trading days.
    • Intraday close watch once STAR starts trading above 690, if stays above 690 in intraday then can see some bullish action and price can move up in intraday.
  • If closes above 690  and stays above then stock will find next strong 161.8% fibonacci retracement resistance around 735. Close Watch.
  • Suggested article to read from our collection - Investing in penny stocks.



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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

.