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REC LTD free share market tips updated on 07th May 2015, Thursday.


REC LTD


REC Ltd witnessing sharp selling pressure from last few days, technical indicates that stock is trading below 200 days moving average so as long as it trades below bears will be favored.
Currently stock is also finding strong trend line support at current levels, as  long as it holds above bulls have some scope of bounce back but if REC Ltd closes and holds below its previous bottom as shown in above technical image then further round of selling can be seen in coming days.
Stock major trend indicator like "MACD" and "Stochastic Oscillator" is moving in a negative as shown in above graph this too indicates is stock breaks its support then weakness expecting. Read more free share market tips.

Indian stock market extend its losses midcap, smallcap stocks under perform. BSE-Sensex slipped 172.65 points to 26544.72 and Nse Nifty declined 62.60 points to 8034.40. Till 12:30 pm 761 shares advanced and  1585 shares declined and 148 unchanged.
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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

.