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CNX FMGC INDEX Free Market Tips - Index made a bullish breakout, further buying expecting as long as trades above - as per technical analysis point of view. (Updated On 22nd July 2014, Tuesday).


CNX FMGC INDEX




  • CNX FMGC INDEX made a bullish breakout as index closes above its previous top, If index holds its previous top then further buying is expecting, its previous top will now act as a major support, close watch.
    • Daily chart also indicates Index is moving above 100 days moving average as long as trades above will favor bulls.
  • If Index moves up from current levels then will find next resistance around 18,800 (161.8% fibonacci retracement).
  • Daily chart also indicates that MACD has turned +ve , this will favor bulls to move index further up. Close Watch.
  • Suggested article to read from our collection - Tips for investing in IPO.


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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

.