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BANK NIFTY closed below golden ratio, further weakness can be seen in coming days.


BANK NIFTY CHART
Charts updated for - 10th February 2015.


  • Index has closed below its major support i.e golden ratio. Chart indicates as long as Bank Nifty holds below its golden ratio support zone bears will be favored.
  • On down side Index will now find strong support around 18211 (level as per line analysis). Bulls have some hopes for bounce back, if Index fails to bounce back and closed below 18211 then further price fall can be seen. Close Watch.
  • Click here to read article on - What is Nifty and Nifty Futures.
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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

.