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AXIS BANK free trading tips, Weakness expecting once stock trades below up channel formation.


AXIS BANK




  • AXIS BANK is moving in up channel pattern, stock to favor bears once it comes out from it up channel.
  • As per moving average studies, stock is trading below 50 DMA, as long as trades below it will be favored by bears.
  • Close Watch once stock closes and stays below its trend line support @ 370 then further weakness expecting. On down side will find next support around 361 and 350.
  • Free trading 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

.