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RS Software stock market forecast and stock tips updated for 26th October 2015, Monday.


RS SOFTWARE

Stock is currently in a bears grip as it is moving in a down pattern as shown in above technical image. Further weakness can be seen in coming days.
On down side it will find strong trend line support at its previous bottom @ 121.50, bulls can have some hopes for bounce back. But if it closes and holds below 121.50 then further weakness can be seen in coming days.

Intraday stock looks weak below 121.50, will find intraday support around 119, 117.

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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

.