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ICICI BANK looking weak with a stop loss of 335.


ICICI BANK


  • Stock has made a bearish breakout as it has closed below its major support zone @ 335, this indicates ICICI BANK looks weak with stop loss of 335 (as long as it holds below).
  • Sudden increase in volumes in ICICI bank indicates that bears are currently active and further price fall can be seen in coming days.
  • On down side stock will find support around 320 as per line analysis. Close Watch.
  • Click here to read article - What is Stop loss and its importance.
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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

.