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CNX IT FUTURES heading for strong support @ 8920 in hourly chart. Dated:16th May 2014 (Friday).





  • CNX IT FUTURES facing strong support around 8920 in hourly chart.
  • Stock also trading below 200 hours moving average, will favor bears as long as trades below.
  • On down side CNX IT will find major support around 8700, 8170 as shown above in chart.


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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

.