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Reliance communication technical analysis chart updated on 16th July 2015, Thursday.


RELIANCE COMMUNICATIONS


Reliance communications finding strong resistance at current levels (70.50) i.e 200 days moving average and trend line resistance as shown in above image.
Technical indicates further bulls action can be seen once it closes and holds above its resistance zone @ 70.50.

Intraday share market tips update for 16th July 2015, Thursday.

Reliance communications looks good above 70.50.
Resistance around 72.50, 74.
S.L 69.50.
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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

.