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MAHINDRA AND MAHINDRA moving in range bound zone.


MAHINDRA AND MAHINDRA


  • Stock moving in range bound zone , this indicates as long as stock moving in between in range then trend is not clear.
  • Stock also moving up from 200 DMA this will favor bulls as long as stock holds above.
  • Even stock major trend indicator "MACD" is moving in zig zag mode, this indicates trend is not clear.
  • On upper side stock will find resistance around 1336 and stock will find support around 1200. 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

.