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Bank nifty chart at trend line support, chart updated on 09th June 2015, Tuesday.


BANK NIFTY FUTURES


Bank nifty chart indicates that it is moving up from strong trend line support zone in intraday hourly chart, technical indicates as long as it holds above bulls will be favored and further price rise can be seen in coming days. On upper side will find resistance at its fibonacci retracement as shown in above technical graph.

Suggested article - Technical analysis of stocks.
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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

.