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Reliance Capital coming down from strong resistance, will find strong support around 447.


RELIANCE CAPITAL


  • Stock coming down from strong resistance zone (100 DMA and trend line), this indicates as long as Reliance Capital holds below 496 further weakness is expecting.
  • On down side stock will find strong trend line support around 447, 445 and 431, bulls will find some hopes once stock reaches around 445 for bounce back.
  • Further weakness can be seen once stock closes and holds below its trend line support. Close Watch.
  • Click here to read what is financial markets.
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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

.