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FOREX USD COP holding above its trend line resistance


FOREX - USD COP
Chart Updated On- 02nd March 2015


USDCOP (Colombian Peso) made a bullish breakout as currency had formed ascending triangle formation in daily charts, its previous resistance will now act as a major support, as long as currency holding above its trend line resistance bulls will be favored.

ZEE Entertainment technical level - stock finding strong support around 340


Chart Updated On - 02nd March 2015


ZEE Entertainment finding strong trend line and 200 DMA support at current levels, chart indicates as long as stock holds above bulls will be favored, once stock closes below its support zone then bears will be favored.

ITC Limited technical update - stock finding strong trend line support


Chart Updated On - 02nd March 2015


ITC Limited witnessing sharp selling pressure from 410 levels, technical indicates stock will now find strong trend line support around 342, bulls have some hope for bounce back as long as holds above its trend line support zone, but if stock closes and holds below its trend line then further weakness can be seen in coming
days. Close Watch.

ORIENTAL BANK (OBC) stock analysis - Stock moving in range bound zone


Charts Updated On - 02nd March 2015


ORIENTAL BANK (OBC) moving in a range, technical indicates sharp movement expecting once it comes out from its pattern. Stock also finding 20 DMA resistance, if holds above then bulls will be favored, as long as holds below bears will have grip in OBC.

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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

.