ALLAHABAD BANK Intraday tips


  • Stock has formed head and shoulder formation formation and stock moving up from neckline support @ 112, bulls will be favored as long as stock holds above 112.
  • Stock also trading up from 100 DMA, this will favor bulls.
  • If stock moves up further then will find resistance around 121.50, 124 and 127, levels as per fibonacci retracement.

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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