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Havells Indian free stock market technical tips and stock charts and intraday stock tips for today`s market - Stock finding strong trend line resistance @ 313 and 316 in weekly charts - updated for 18th December 2015, Friday


HAVELLS

Weekly chart of Havells Indian indicates that it is moving up from strong trend line support zone, short-long term bulls will be favored as long as it holds above.

Stock is also holding above 50 DMA this will favor bulls.

On upper side it is finding strong trend line resistance around 313 and 316, further price rise action can be seen once stock closes and holds above its resistance as shown in above image.

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Intraday HAVELLS looks good if it holds above 313.
Will find resistance around 317, 320.
S.L - 311.
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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

.