HANG SENG INDEX Free Technical Analysis Chart- Index on bull run after breaking its major resistance, will find strong resistance between 24000-24300. (Updated On 24th July 2014, Thursday).

  • As per previous report published on HANG SENG - INDEX gave a sharp up move after breaking its resistance zone of 23500-23750. (Click here to view previous report on HANG SENG Index).
  • Now daily chart indicates index has closed above its major resistance and index is on bull run, as long as index holds above its resistance it will favor bulls and previous resistance will now act as a major support for Index in case it falls.
  • Weekly chart indicates Index has formed bullish head and shoulder bullish formation once stock closes above its major resistance 24000- 24300 in weekly chart then bulls to get active for short term - as long as Index holds above its resistance zone in weekly chart.
  • Daily chart now indicates Index will find strong trend line and 161.8% fibonacci retracement resistance around 24000-24200 as shown above in chart, careful with all buy positions around these resistance levels.
  • Click here to view All recommendaions given on Hang Seng Index.

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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