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Tech Mahindra free technical analysis chart and equity tips updated for 29th October 2015, Thursday.


TECH MAHINDRA
Stock moving up from strong trend line support zone and 100 DMA, further price rise can be seen as long as stock holds above 534.
Stock major trend indicator also turned +ve this will favor bulls as shown in above image.

Intraday stock looks good above 554, will find intraday resistance around 558, 560.

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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

.