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REC limited technical outlook updated on 11th July 2015, Saturday.


Rural Electrification Corporation (REC LTD)


Rec ltd finding strong resistance around 293, bulls will be favored once stock closes and holds above 293.

Intraday outlook on REC ltd for 13th July 2015, Monday.

Intraday REC Ltd looks good above 293.
Resistance around 297, 299
S.L 291.

Suggested reading article on Stock market myths.
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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

.