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SBIN stock tips, will favor bears once closes below 2348.


STATE BANK OF INDIA (SBIN)




  • SBIN has formed rectangle formation in daily chart, sharp move expecting once it comes out, upper side resistance @ 2654 and down side will find support @ 2348.
  • Chart also indicates stock was facing 100 DMA support earlier which has now broken, this indicates as long as stock trades below 100 DMA bears will be favored.
  • If stock falls from current levels and closes below 2348 then stock will find next support around 2175 in near future.
  • Stock tips.
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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

.