INOX LEISURE Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock has formed triangle formation in daily chart, Sharp move expecting once stock come out from its formation. (Updated On 19th August 2014, Tuesday).


  • As per previous report published on Inox Leisure stock failed to close above its resistance @ 167.50 and after that stock fell down and made a low of 139. (Click here to see previous report published in INOX LEISURE).
  • Now daily chart indicates that stock has formed triangle formation in daily chart, it indicates that once stock comes out from its formation then sharp move is expecting. As shown in graph no1.
  • As per graph no2 stock will find strong trend line resistance around 160, 164 and 168.50, Once stock closes above its major resistance @ 168.50 and stays above then stock will favor bulls for next few days.
  • As per graph no 3 if stock holds above 168.50 and moves up then will find next strong resistance around 185 its 261.8% fibonacci retracement in weekly chart. Close watch.
  • Click here to see all the free trading reports (tips) published by us on INOX LEISURE.
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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