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REC LTD moving up from Golden ratio support zone.


REC LTD




  • REC LTD moving up from golden ratio support zone in monthly chart, this indicates stock to favor bulls as long as holds above.
  • Technical chart also indicates that stock is currently trading below 200 DMA, it must starts trading above 200 DMA to favor bulls.
  • As per technical chart no3, stock is facing 23.6% fibonacci retracement resistance around 257.50, Once it closes and holds above 257.50 it will favor bulls for next few trading days.
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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

.