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ANDHRA BANK Technical Analysis Chart - Stock on the verge of breakout above 104. (Updated On 03rd July 2014, Thursday).






  • ANDHRA BANK facing strong trend line resistance around 104 in hourly chart, Close Watch chart indicates once stock starts trading above 104 with volumes and stays above then can see some intraday action.
  • Daily chart indicates stock is facing strong golden ratio resistance around 104, once closes above 104 and stays above then stock looking bullish for 1-2 days.
  • (Short term trend) - Weekly chart indicates stock is facing strong trend line resistance as well as 200 weeks moving average resistance around 110. Once stock closes above 110 and stays above then good for short term traders.





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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

.