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BANK OF INDIA moving up after forming doji candle formation - Technical chart for 29th April 2015, Wednesday




Stock moving up from golden ratio support zone and also after forming doji candle pattern as shown above in technical chart, as long as stock holds above its golden ratio bulls will be favored and further price rise can be seen in coming days, but once it holds below its recent lows then stock can test its previous bottom which is around 192 levels.

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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

.