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Allahabad Bank free nifty nse tips and stock tips updated for 06th November 2015, November.


ALLAHABAD BANK

Stock has formed rectangle pattern in daily chart, technical indicates bears will be favored once stock closes and holds below 73.90.
As long as stock holds in between in it range trend will be mix with no clear direction.
Stock major trend indicators showing weak signals this will favor bears.

Intraday stock looks weak below 73.90, will find support around 72.50, 71.50.

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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

.