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Tips On Share - ABAN OFFSHORE facing strong resistance in monthly chart. (Updated On 02nd July 2014, Wednesday).





  • ABAN OFFSHORE moving up from strong 38.2% fibonacci retracement, daily chart indicates stock will now face resistance around 781 (its previous top). If stock closes above and sustains above its previous top and further up move is expecting in ABAN OFFSHORE.
  • (Short term trend) - Weekly chart indicates that stock is heading for its 161.8% fibonacci retracement around 800 indicates caution for short term traders. Need to watch how aban will react on its resistance.
  • (Long term trend) - Monthly chart indicates that stock is currently facing strong resistance but once it closes above its 38.2% fibonacci retracement in monthly chart then further move is expecting in aban offshore in coming months. Close Watch.
  • Stock was on news - Macquarie upgraded the stock to "outperform" from "underperform" and raised its target.


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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

.