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Bank nifty futures buy with stop loss golden ratio, intraday chat updated on 18th May 2015, Monday at 3:00 pm.


BANK NIFTY FUTURES


Bank Nifty futures is trading above its golden ratio resistance and also 200 hours moving average in intraday chart, technical indicates one can use its previous resistance as stop loss and can go long. As long as it holds above bulls will be favored and further strength can be seen in intraday.
Visit link to read article on what is stop loss and why it is important in trading.
Bank nifty will now find next strong resistance at its previous top.
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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

.