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KOTAK MAHINDRA stock tips, facing strong support @ 988.


KOTAK MAHINDRA BANK




  • KOTAK MAHINDRA BANK is facing fibonacci retracement support @ 988, close watch chart indicates weakness expecting once stock closes and stays below 988.
  • Chart also indicates stock is currently facing 100 days moving average support at current levels, we can see weakness once stock starts trading below its 100 DMA.
  • Even monthly chart indicates stock has formed bearish candle formation, if stock breaks its support @ 988 in daily chart then weakness expecting.
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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

.