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TECH MAHINDRA Share Tips, Technical Analysis Chart, Intraday Stock Trading Idea Tips Graph Advice - Stock moving up from support will favor bulls, further strength expecting once TECH MAHINDRA closes above 2522. (Updated on 24th September 2014, Wednesday).


TECH MAHINDRA




  • Stock facing 261.8%  fibonacci retracement at current level, will favor bulls once tech mahindra closes above 2522. Intraday we can see some bulls action once stock starts trading above 2522.
  • Stock also moving up from 23.6%  fibonacci retracement support zone, as long as holds above 2400 bulls will be favored, once close below 2400 then stock will find next support around 2335 its 38.2%  fibonacci retracement.
  • Technical charts also indicates that stock is holding above 20 DMA, as long as holds above bulls will be favored.
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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

.