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HDFC BANK Technical Analysis, Will favor bulls above 880.


HDFC BANK




  • According to technical analysis chart no1, HDFC BANK moving up from strong trend line support zone, will favor bulls once closes and stays above 880.
  • As per chart no2, stock is moving up from  fibonacci fan line support, this will favor bulls as long as stock holds above.
  • As per technical analysis chart no3, once stock closes and holds above 880 then HDFC BANK will find next resistance around 903.
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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

.