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HDIL closed above its major resistance zone @ 113.85.. Further price rise can be seen in coming days.


HDIL


  • Stock has made a bullish breakout as HDIL has closed above its trend line and fibonacci retracement resistance zone @ 113.85. Chart indicates as long as holds above bulls will be favored and further price rise can be seen in coming days.
  • Previous resistance around 113.85 will now act as a major support for HDIL.
  • Once stock closes and holds below 113.85 then stock will give first sign of weakness. Close Watch.
  • Stock has also made a breakout with bullish candle pattern this will favor bulls.
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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

.