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Tips On World Indices - DOW JONES INDUSTRIAL AVERAGE (DJIA) (Technical Update on 24th July 2014 , Thursday).






  • DOW JONES is moving in a up channel formation in daily chart , dow is looking bullish, it must come out from it formation for some big action.
  • (Short term trend) - Weekly chart indicates that down is trading above 100 % fibonacci retracement and looks further bullish as long as hold above it 100% fibonacci retracement, upper side will face resistance around 17350 in weekly chart.
  • (Long term trend) -  Monthly chart indicates that dow is moving in long up channel formation sine year 2009, as expecting to move up further for next few months, upper side will face resistance around 19000 (161.8% fibonacci retracement) as shown above in monthly chart. Close Watch.


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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

.