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UNION BANK OF INDIA Equity market tips


UNION BANK OF INDIA




  • Stock has formed triangle formation in daily chart, this indicates sharp movement expecting once stock comes out from its formation.
  • Stock also facing 200 DMA support at current levels, as long as stock holds above bulls will be favored. Once stock starts trading below 200 DMA then weakness can be seen.
  • As per weekly chart stock stuck in range bound zone, this indicates, once it comes out from its zone then sharp rally can be seen. 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

.