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HDFC bank technical chart updated on 06th July 2015, Monday.


HDFC BANK


HDFC bank technical chart indicates that it is finding strong trend line resistance at current levels, bulls will be favored once stock closes and holds above its resistance zone as shown in above image.
Stock has also formed head and shoulder pattern.

Suggested reading article : - How share market works.
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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

.