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ICICI BANK has formed head and shoulder formation in daily chart, sharp movement expecting once it comes out.


ICICI BANK


  • Stock has formed head and shoulder formation in daily chart, sharp movement expecting once stock has comes out.
  • Stock is also moving up from 100 DMA, as long as ICICI Bank holds above bulls will be favored.
  • On upper side stock will find strong trend line resistance around 367.
  • On down side stock will find neckline support around 335, if stock closes and holds below 335 then weakness can be seen in ICICI.
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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

.