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Sharp movement expecting in PNB... Stock formed triangle formation.


PUNJAB NATIONAL BANK




  • Stock has formed triangle formation in daily chart, chart indicates sharp movement expecting in coming days.. on upper side we can see some sharp up move once stock closes and holds above 970.
  • Once stock closes and holds above 970 then PNB will find next strong trend line resistance around 1014, 1038 and 1068.
  • Chart also indicates stock is moving up from 200 days moving average, as long as stock holds above short-long term traders will be favored. 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

.