AUSTRALIA ASX ALL ORDINARIES INDEX Free Technical Analysis Chart - Index has made a bullish breakout, further buying expecting. Will find next resistance around 5610. (Updated On 24th July 2014, Thursday).

  • As per previous report published on AUSTRALIA ASX ALL ORDINARIES - INDEX has now break its range bound zone, Index gave a sharp intraday move after breaking its resistance 5535. (Click here to view previous report on AUSTRALIA ASX ALL ORDINARIES - INDEX).
  • Now daily chart indicates index has closed above its range bound, as long as ASX Index hold above it will favor bulls, its previous resistance will now act as a major support for index.
  • Daily chart also indicates if Index moves up from current levels then will find next strong resistance around 5610 (161.8%  fibonacci retracement) as shown above in chart no.2.
  • Weekly chart indicates Index is moving up from trend line support zone and now finding its resistance once closes above its trend line resistance in weekly chart then Index looking good for short-long term trades. Close Watch.
  • Click here to view all reports on - AUSTRALIA ASX ALL ORDINARIES INDEX.

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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