HANG SENG INDEX Trading Tips - HSI facing strong trend line resistance at current levels,Further buying expecting if breaks its resistance as per technical analysis point of view. (Updated On 21st July 2014, Monday).

  • HANG SENG INDEX moving up from strong trend line support in daily chart, and now facing strong trend line resistance at current level (as shown above). Chart indicates index will find strong resistance between 23500 - 23750. once closes above its resistance level and stays above then further buying is expecting in Hang Seng Index.
  • Weekly chart indicates index is moving up from 23.6% fibonacci retracement support zone as shown above this will favor bull to take index up as long as it holds above its support zone.
  • Daily chart also indicates if Index moves up from current level then on upper side will fing strong fibonacci retracement and trend line resistance between 24100 - 24150. Close Watch.
  • Suggested article to read from out collection - Short selling in stock market.

No comments:

Post a Comment


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