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SBI closed below its major support zone, stock will now find next strong support around 270.

 

STATE BANK OF INDIA (SBI)


  • Stock has closed below its major trend line and 100 DMA, hence gave a bearish breakout signal
  • SBI previous support will now act as a major resistance, further price fall can be seen in coming days as long as stock holds below 287.
  • On down side stock will now find minor support around 270.
  • Check out the list of trading holiday for year 2015.
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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

.