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RELIANCE CAPITAL Share Tips- Stock facing strong resistance at current levels (668). (Updated On 04th July 2014, Friday).






  • RELIANCE CAPITAL is moving in a up channel in hourly chart, and now finding strong trend line resistance around 668, close watch once Reliance Capital starts trading above 668 with volume and stays above then intraday action is expecting from bulls.
  • Daily chart indicates the same level @ 668, Stock is moving up from 23.6% fibonacci retracement support and now finding resistance , if closes above 668 and stays above then stock is looking bullish from next 1-2 days.
  • Weekly chart indicates stock is facing strong 161.8% fibonacci retracement and strong trend line resistance at current levels, once closes above its resistance then stock will favor short term bulls.


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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

.