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PETRONET LNG facing strong resistance @ 210.


PETRONET LNG


  • Stock moving up from 200 DMA and also from strong trend line support zone, chart indicates bulls will be favored as long as holds above 180 (its recent bottom).
  • On upper side Petronet LNG facing strong trend line resistance around 210 (its recent top). Once stock closes and holds above 210, then stock will favor bulls.
  • Even stock major trend indicator "MACD" in moving in +ve zone and above levels zero this indicates further price rise can be seen in coming 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

.