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Bank Nifty Futures finding strong resistance, technical chart updated on 12th May 2015, Tuesday.


BANK NIFTY FUTURES


Bank Nifty futures finding strong resistance at current levels in hourly chart, above technical chart indicates that Bank Nifty finding golden ratio and 200 hours moving average at current levels once it hold above then further strength can be seen can it can test its previous top.

Suggested article - What is financial market and its types.

Even bank nifty major trend indicator "MACD" is moving in positive zone this will favor bulls.
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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

.