Nifty Futures witnessing selling pressure from resistance - Chart updated on 12th May 2015, Tuesday.


Nifty futures witnessing selling pressure from 38.2% fibonacci retracement and 20 days moving average in daily chart, technical indicates nifty will favor bears as long as it trades below.
If falls further then it will find strong support at its previous bottom. Even its major trend indicator "MACD" if moving in negative zone this will favor bears its other trend indicator "Stochastic Oscillator" is so far moving in positive zone once its too turn negative then we can see some further weakness. Close Watch.

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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

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