USD INR coming down from 100 DMA resistance zone @ 62.35.

Charts updated for - 12th February 2015.

  • Currency coming down from 100 days moving average and from around 38.2% fibonacci retracement resistance zone around 62.44, as long as it holds below bears will be favored.
  • Once currency closes and holds above 62.44 then further price rise can be seen.
  • On down side USD-INR will find strong support around 61.3750 once forex closes and holds below 61.3750 then further price fall can be seen in coming days. Close Watch.
  • Visit link - for free share market trading tips on Indian stock market.

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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