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INDUSIND BANK Share Tips - Stock is on the verge of breakout above 585 in hourly chart. (Updated on 03rd July 2014, Thursday).






  • INDUSIND BANK facing strong trend line resistance between 585-587 in hourly charts, which indicates once Indusind bank starts trading above it trend line resistance with volumes and if stays above its resistance then bulls to get active in this short and can see some good moves in intraday.
  • Daily chart indicates stock is moving up from strong 50% fibonacci retracement support and now facing strong resistance around 585 in daily chart, if closes above with volumes then stock is good for next 1-2 days.
  • (Short term trend) - Weekly chart indicates stock made a bullish breakout few weeks back as shown above and technically looking bullish and will favor for short term, on upper side will be facing 161.8% fibonacci retracement around 660. Close Watch.



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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

.