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HAVELLS (I) moving up from strong trend line support zone @ 250, further strength expecting above 281.


HAVELLS (I)


  • Stock moving up from strong trend line support zone @ 250, this will favor bulls.
  • Stock also trading above 200 DMA this indicates as long as stock holds above bulls will be favored.
  • On upper side Havells will find fibonacci arc resistance around 281, once stock closes and holds above 281 then further strength is expecting.
  • Even stock major trend indicator "MACD" is moving in positive zone, this indicates further price rise can be seen in coming days.
  • Also See - Reliance industries futures free stock analysis.
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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

.