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Bank nifty chart technical outlook updated on 18th June 2015, Thursday.




Bank nifty chart (hourly chart) indicates that it is also finding strong trend line resistance at current levels, bank nifty must hold above its trend line resistance to show further bulls action in day trading.
If it fails to holds above then we can see some correction from current levels.

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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

.