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CANARA BANK on the verge of breakout above 310 - 14th May 2014 (Wednesday).






  • CANARA BANK moving in a up channel formation in daily chart.
  • Stock also trading above 20 days moving average.
  • Chart indicates once starts trading above 310 with volume then can see intraday action.
  • Weekly chart indicates stock will have resistance around 328.
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ANDHRA BANK on the verge of breakout above 70 - 14th May 2014 (Wednesday).





  • ANDHRA BANK facing strong trend line resistance around 70.
  • Stock also trading above 50 and 100 days moving average, as long as it closes daily above 50 and 100 moving average Andhra bank looks bullish.
  • Weekly chart also indicates that above 71.65 stock looks bullish.
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USD-INR facing strong trend line support around 60 close watch - 13th May 2014 (Tuesday).




  • USD INR showing some major and mix action in weekly charts.
  • Chart indicates that USD INR facing strong trend line (weekly) support around 60 as shown above.
  • Stock also testing its lower bollinger band.
  • Close watch USD INR also trading below its 50 weeks moving average, it must start trading above its 50 weeks moving average to give some action till then it looks difficult that USD INR will take this trend line as support and move up.
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ITC LTD on the verge of breakout, resistance around 365 - 13th May 2014 (Tuesday).





  • ITC LTD on the verge of breakout, facing resistance around 365.
  • Stock also moving from 50 days moving average, if sustains above moving average then looks further bullish.
  • Close Watch once starts trading above 365 with volume then further up move expecting in ITC LTD. Will have next resistance around 380.


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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

.