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IRB INFRASTRUCTURE good with a stop loss of 217.


IRB INFRASTRUCTURE




  • IRB INFRA moving up from strong fibonacci retracement support zone @ 217, will favor bulls as long as holds above. Once stock closes and stays below 217 then we can see some further weakness and stock will then find next strong support around 183 its previous bottom.
  • Chart also indicates stock is facing 100 DMA support at current levels, as long as holds above will favor bulls, once closes below bears will be favored.
  • Chart also indicates stock is coming down from 38.2% fibonacci retracement resistance this will favor bears.
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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

.