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HDFC BANK Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock moving in a range bound zone, close watch sharp movement can be seen once HDFC BANK closes above its recent high @ 870. (Updated on 19th September 2014, Friday).


HDFC BANK




  • HDFC BANK moving in a range bound zone, earlier stock had given some false breakout as show in chart no1, this time close watch if HDFC BANK closes and stays above 870 then stock to favor bulls for further strength.
    • Intraday close watch once stock starts trading above 870, if holds above 870 then intraday bulls action is expecting.
  • Chart no2 indicates that stock is moving up from fibonacci fan line support, this will favor bulls.
  • If stock moves up from current levels and closes above 870 then HDFC Bank will find next strong resistance around 903 its 161.8% fibonacci retracement as shown in graph no3.
  • Day trading stock tips.
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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

.