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HDIL failed to close above its strong trend line resistance, level to watch now @ 118.


HDIL
Charts updated on - 20th February 2015.


  • Stock showed some intraday action once it started trading above it previous resistance @ 115.50. HDIL made a intraday high @ 118 but failed to close above 115.50.
  • Chart indicates we can see some action once stock again starts trading above 118. If closes and holds above 118 then further price rise can be seen in coming days. Close Watch.
  • If falls from current levels then HDIL will find 23.6% fibonacci retracement support around 104.
  • Nasdaq Stock Charts.
  • DLF technical forecast.
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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

.