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CNX PHARMA INDEX Technical Analysis Chart - Index has entered in overbought zone, sign for caution. (Updated On 21st July 2014, Monday).


CNX PHARMA INDEX





  • CNX PHARMA INDEX is now trading in overbought zone in daily chart, its a sign for caution which indicates index can correct, careful on resistance zone.
  • Weekly chart indicates pharma index in moving in a up channel formation, and now facing resistance at current level.
  • Monthly chart indicates stock is now trading around 423.6% fibonacci retracement , closing above this resistance in monthly chart will indicates further up trend. If fails then index can correct.




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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

.