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NIFTY FUTURES will find strong trend line support in hourly chart - Updated on 20th April 2015, Monday.


NIFTY FUTURES


As explained in our previous chart nifty futures is witnessing selling pressure from its resistance but close watch hourly chart indicates stock will find strong trend line support if falls further so bulls will now have some hopes for bounce back.

Indian stock market is expecting to open flat as other Asian markets like Nikkei, Hang Seng Index and Shanghai trading in flat zone moreover SGX Nifty is indicating a marginally down side that is -5pts. China also announced a cut in RRR (reserve requirement ratio) but market are not reacting on this news. Click here to read our article on what is Nifty and what is Nifty futures.
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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

.