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Bank Nifty free index trading tips and share market ideas - updated for 14th January 2016, Thursday.


BANK NIFTY FUTURES

BANK Nifty futures witnessed selling pressure from strong trend line resistance zone and has now closed below its previous bottom as shown in above technical chart.

As long as stock holds below its previous bottom bears will be favored and further weakness can be seen in coming days. As  its previous support will now act as a major resistance for Bank Nifty.

RSI indicator is now moving in -ve zone this only generates a sign of caution for bears.
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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

.