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IDEA CELLULAR facing strong golden ratio resistance around 166.50.


IDEA CELLULAR




  • Stock facing strong golden ratio resistance around 166.50, chart indicates once IDEA closes and holds above 166.50 then further strength is expecting.
  • Earlier stock was moving up from 50 DMA but this time stock is finding strong 50 DMA resistance at current levels, as long as stock holds above 50 DMA bulls will be favored.
  • If stock moves up from current levels then holds above 166.50 then Idea will find next strong resistance around 177 (its previous top).
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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

.