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SBI finding strong trend line resistance at current levels.

 

STATE BANK OF INDIA (SBI)
Charts updated for - 13th February 2015.


  • Stock earlier closed below its major trend line support zone hence gave a bearish breakout signal.
  • Its previous support now acting as a major resistance for SBI. yesterday stock has shown some bounce back but failed to closes above it resistance @ 287.
  • Close watch as long as SBI trading below 287 bears will be favored. Stock also holding below 100 DMA this too will favor bears. Close Watch.
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  • http://niftychart.co.in/tata-group-charts.html.
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Q. What is Intraday Tips / Inraday Trading / Delivery trading.

A. There are basically two types of trading on stock market--
1- Delivery
2- Intraday

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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

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