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HINDALCO Share Tips, Technical Analysis Chart - Stock is witnessing selling from resistance, further weakness expecting as long as trades below 199. (Updated for 28th July 2014, Monday).






  • HINDALCO INDS hourly chart indicates that stock has come down from its up channel formation, which indicates as long as stock trades below from its channel formation it will favor bears and can see further weakness in intraday trading.
  • Daily chart indicates stock is moving in a strong up channel formation, as shown above in chart. And also witnessing selling from its up channel trend line resistance, this too indicates weakness as long as trades below 199 (previous high).
  • Daily chart also indicates stock has given Bearish engulfing candle as shown above. as per candlestick studies its a sign of weakness. close watch.
  • Daily chart also indicates stock is coming down from its upper bollinger band, if falls further from current levels then will find strong support at 20 days moving average around 182. Close Watch.
  • Click here to read all the reports given on HINDALCO INDS on the bases of technical analysis.



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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

.