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TATA STEEL Stock Tips - Stock indicating weakness , may correct further. (Updated On 09th July 2014, Wednesday).





  • (1-2 Days Trading Idea) - TATA STEEL broke its fibonacci fan line support chart indicating weakness as long as stays below.
  • (Short Term idea) - Weekly chart indicates stock is now trading below its 23.6% fibonacci retracement support level, and stock may correct further if TATA Steel stays below its support zone, If fall from current level , stock will find next strong support around 487 (38.2% fibonacci retracement).
  • (Long Term Trading Idea) - Monthly chart indicates stock is failed to close above its golden ratio, and bulls also looses interest in the end of month and stock fell from month high. So far its a sign of weakness , TATA Steel must close above its golden ratio in monthly chart for long term trend to turn bullish again.



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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

.