Advertisement

Bank nifty chart technical analysis done on 24th June 2015, Wednesday.




Bank nifty chart (intraday) technical analysis indicates that it is holding above 161.8% fibonacci retracement resistance zone as long as it holds above bulls will be favored and further price rise can be seen in coming days.
Its previous resistance is now acting as a major support for bank nifty. Its trend indicators are now turning -ve this is a sign of caution. Close watch.

No comments:

Post a Comment

Advertisement

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

.