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SBI stock tips and technical chart and stock analysis updated for 30th November 2015, Monday.

STATE BANK OF INDIA

Stock has formed head and shoulder pattern in daily chart, technical indicates sharp movement can be seen once stock comes out from its pattern.
Upper side stock will find strong trend line resistance around 251.50 as shown in above image, further price rise can be seen once it closes and holds above 251.50.

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Intraday SBI looks good if it holds above 251.50.
Will find resistance around 254.50, 256.
S.L - 249.50.
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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

.