JINDAL STEEL on the verge of breakout above 309. Dated:26th May 2014, Monday.

  • JINDAL STEEL facing strong trend line resistance around 309.
  • Above 309 stock will face 100 days moving average resistance around 315 in weekly chart. As long as trades above 315 , stock to favor bulls.
  • Above 315 stock to face strong weekly resistance around 330 (50% 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