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HDFC BANK Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock facing strong support around 807, Will favor bulls as long as holds above, Weakness expecting is closes below. (Updated On 08th August 2014, Friday).


HDFC BANK




  • HDFC BANK is stuck in a range bound zone in daily chart, this indicates sharp move is expecting when HPCL comes out from its range bound zone, as long as stock trades in better trend will not clear its a no trading zone for day traders.
  • Daily Chart also indicates HDFC BANK is facing strong 50 DMA and trend line support at current levels around 507, if stock closes and stays below 507 then further weakness is expecting in HDFC BANK.
  • If stock falls then will find next strong support around 804 & 768 its 23.6% and 38.2% fibonacci retracement.
  • Click here to see all the free trading reports (tips) published by us on HDFC BANK.
  • Tips On Day Trading
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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

.