Technical Analysis On Karnataka Bank - 17th April 2014 (Thursday).

  • Karnataka Bank facing strong resistance at current levels, we can expect correction from current levels.
  • Stock also trading below 10 days moving average, indication down side.
  • Stock also facing bollinger bank support around 115.
  • If starts trading below 115 then can see some correction in KTK Bank.
  • Stock market article worth reading Investing In Penny Stocks.

Intraday Technical Analysis On POLARIS FIN TECH - 16th April 2014

  • Polaris Fin Tech facing Bolliger Band support level.
  • We can see some Intraday Selling once stock starts trading below 187. Close Watch
  • Stock market article worth reading - Stock Market Terms.

Technical Analysis On Dr Reddys Labs - 16th April 2014 (Wednesday).

  • Dr Reddys has formed head and shoulder pattern (As a reversal pattern in uptrend).
  • And stock also trading below 50 days moving average.
  • Strong support around 2515. Close Watch So far indicating bearish formation and can see selling, if market supports..
  • suggested stock market article - How to make money in volatile market
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Technical Analysis On ROLTA (I) - 16th April 2014 (Wednesday).

  • ROLTA (I) moving in an up channel ... indicates up trend only.
  • Also Stock is now facing resistance @ 80. Also moving from its 10 days moving average , indicates up trend.
  • Can expect some up move if stock starts trading above 80. Upper side Fibonacci Retracement level around 88.
  • Suggested article to read Investing in penny stocks
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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