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DENA BANK moving up from strong trend line support zone @ 55.30, stock will favor bulls.


DENA BANK


  • Stock moving up from strong trend line support zone @ 55.30, this indicates as long as stock holds above bulls will be favored.
  • On upper side stock will find strong trend line resistance around 63.20 and 66.50, will favor bulls once stock closes and holds above.
  • Stock will also find 100 DMA resistance , bulls will be favored once it closes and holds above.
  • Even stock major trend indicator "MACD" is moving in positive zone this will favor bulls. 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

.