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Adani power free technical analysis of stocks and nse tips updated for 30th October 2015, Friday.


ADANI POWER

Stock finding strong trend line resistance at current levels @ 31.80, technical chart indicates bulls will be favored once it closes and holds above its major trend line resistance as shown in above technical image.
Its major trend indicator "stochastic oscialltor" also turned +ve this will favor bulls.

Intraday bulls action can be seen once it holds above 31.80, will find intraday resistance around 32.65, 33.

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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

.