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Nifty Futures technical chart updated for 19th May 2015, Tuesday At 4:00 pm.


NIFTY FUTURES


Nifty futures is on the verge of breaking its head and shoulder pattern in hourly chart, technical indicates further strength can be see in intraday if it holds above its trend line resistance as shown in above image.

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If it fails to hold above then can see some intraday correction from its trend line.
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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

.