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MAX INDIA Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock has formed Triangle formation in daily chart, will favor bulls once closes above 335. (Updated On 27th August 2014, Wednesday).


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  • As per previous report published on MAX INDIA stock gave sharp bullish move after breaking its trend line resistance @ 220 and after that stock touched its resistance @ 265 as mentioned in our previous report. (Click here to see previous report published on MAX INDIA).
  • Now current charts indicates that stock has formed triangle formation, this indicates sharp move is expecting once stock comes out from its formation , but looking at graph no1 , stock will test its strong trend line resistance around 335, once stock closes and stays above 335 it will be favored by bulls for next few trading days. Close Watch.
    • Intraday stock pick , Chart indicates once stock starts trading above 335 during market hours then intraday bulls action is expecting.
  • As per graph no2. stock is moving up from 50 days moving average , this indicates that as long as stock holds above 50 DMA it will be favored by bulls. by looking closely.. stock had bounced back from its 50 DMA from last 2 times this time also it is bouncing back. Close watch as long as holds above it will favored by bulls.
  • As per graph no3  stock major trend indiactor "MACD" is moving in +ve zone and above level zero, and other indicator  "Stochastic Oscillator" is also mobing in +ve zone this indicates stock can give bull rally. Close watch.
  • Click here to see all the free trading reports (tips) published by us on MAX INDIA.
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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

.