CENTRAL BANK OF INDIA heading to test its strong resistance @ 108.


  • Stock moving up from strong 20 DMA support zone, chart indicates as long as Central Bank Of India holds above bulls will be favored.
  • On Upper side close watch stock is going to test its strong resistance zone @ 108 (161.8% fibonacci retracement) as shown above. 
  • Once closes and holds above its resistance indicates further bullish trend.

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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