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COAL INDIA trading pick, Stock looking bullish above 366.50.


COAL INDIA




  • COAL INDIA moving in a down channel formation, chart indicates as long as trades in between its pattern bears will be favored , but once it come out from its down pattern then sharp up move is expecting.
  • Technical chart also indicates that COAL is facing 100 DMA resistance around 366.50, bulls will be favored once it closes and starts trading above.
  • Stock also facing golden ratio 61.8% fibonacci retracement resistance around 366.50, further price rise can be seen once stock closes and holds above its golden ratio resistance. Close Watch.
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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

.