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Marico free nifty chart and nifty stock tips updated for 08th February 2016, Monday.


MARICO

Marico nifty chart (weekly) indicates that it is moving up from 50 DMA, this indicates bulls will be favored as long as it holds above in weekly chart.

On Upper side stock will find strong trend line resistance at its previous top as shown in above image. Once it closes and holds above its resistance zone as shown above then further bulls action can be seen in coming weeks.

Intraday tips on Marico updated for 08th February 2016, Monday.

Intraday Marico looks good above 235,
Will find resistance around 238.50, 240.
S.L 233.
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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

.