HDFC Ltd free Bombay stock tips and stock intraday forecast - updated for 18th January 2016, Monday.

Stock has formed head and shoulder pattern in daily chart technical indicates bears action can be seen once it closes and holds below its trend line support @ 1143 as shown in above image.

MACD is moving in -ve zone this will favor bears.

Suggested reading - Click link to read article on Bombay stock exchange of India.

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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