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HANG SENG INDEX trading idea , Index is facing strong support around 23788, bulls have hope to take index up from current levels. (Updated on 26th September 2014, Thursday)


HANG SENG INDEX




  • HANG SENG INDEX is currently facing golden ratio support at current levels @ 23788, as long as holds above bulls have a hope of moving upwards, but once closes and stays below 23788 then further weakness expecting.
  • Index also facing 100 DMA support, as long as holds above bulls will be favored, if closes below 100 DMA then it will be a sign of weakness.
  • If Index moves up from current levels then will find resistance around 24150, 24370, 24570 And 24700.

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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

.