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DAX index trading tips updated on 17th June 2015, Wednesday.


DAX INDEX


DAX technical chart indicates that index is finding strong support at current levels, it is finding 200 DMA and 50% fibonacci retracment support.
So far chart indicates that it is moving up from its support zone as long as it holds above bulls will be favored and technical also indicates that 200 DMA pays a very important role, weakness can be seen in DAX index once it closes and holds below.
Visit this blog daily for trading tips on share market.

Indusind bank national stock exchange chart updated on 17th June 2015, Wednesday.




Indusind bank NSE - national stock exchange of India technical chart indicates that it is moving up from strong trend line support zone. So bulls will be favored. Upper side will strong resistance at its trend line as shown in above image.
Stock indicators are in -ve zone so far once they turn +ve then further bullish action can be seen.

Eimco elecon stock analysis updated on 17th June 2015, Wednesday.


EIMCO ELECON INDIA


Eimco elecon stocks chart indicates that it has formed head and shoulder pattern in daily chart. Bulls action can be see once it closes and holds above its trend line resistance zone as shown in above image.
Stocks trading volume is very very low hence entry and exit will not be an easy task.

Glenmark Pharma best trading method updated on 17th June 2015, Wednesday.






Glenmark pharmas stock trading methods indicates that it has formed double bottom pattern in daily chart.
Technicals also indicates that once it closes and holds above its trend line resistance zone as shown in above chart then further price rise action can be seen in this stock.

BAJAJ AUTO Indian stock market tips updated on 17th June 2015, Wednesday.




Bajaj auto stock market tips indicates that it has closed above its strong trend line resistance zone as long as it holds above bulls will be favored and further bullish action can be seen in coming day.
MACD indicator is moving in positive zone this will favor bulls and RSI indicator too below danger zone.
Stock will now find next strong trend line resistance at its previous top as shown in above image.

BSE Sensex intraday chart updated on 17th June 2015, Wednesday At 8:43 am.


BSE SENSEX


BSE sensex intraday technical chart indicates that it is finding strong resistance at current levels, it is finding 100 moving average resistance and golden ratio resistance.
Once it closes and holds above its 2 resistance zone then bulls will be favored and further price rise action can be seen in day trading. So far its trend indicator "MACD" is moving in positive zone.

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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

.