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PNB technical forecast updated on 10th July 2015, Friday.


PUNJAB NATIONAL BANK


PNB facing strong golden ratio resistance at current levels, bulls will be favored once PNB closes and holds above 148.

Intraday forecast for 10th July 2015, Friday.

Intraday PNB looks good above 148,
Resistance around 151, 153.
S.L 146.50.

Suggested reading - What is stock exchange.
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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

.