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Indusind Bank stock market forecast and stock tips updated for 23rd October 2015, Friday.


INDUSIND BANK

Stock has formed head and shoulder pattern in daily chart, technical indicates further price rise can be seen once stock closes and holds above 973.50, so it is also trading above 20 DMA this indicates bulls will be favoured.

 Intraday bulls action can be seen once it holds above 973.50, will find resistance around 978, 980.

 Visit link for US stock market forecast.
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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

.