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JINDAL STEEL & POWER Intraday trading strategies


JINDAL STEEL & POWER




  • Stock has formed triangle formation in daily chart, sharp movement expecting once stock comes out from its formation.
  • As per technical cart no2, stock is coming down from 23.6% fibonacci retracement resistance this indicates further weakness can be seen.
  • If stock falls from current levels then stock will find strong support around 134 and 128.
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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

.