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S&P 500 INDEX moving up from strong support and finding resistance around 2080.


S&P 500 INDEX


  • Index has showed sharp up move after touching its 200 days moving average and fibonacci fan 2nd line support (As shown above). This will favor bulls as long as index holds above.
  • On upper side S&P 500 index will find next resistance around 2080 its previous top, onoce index closes and holds above 2080 then fresh bull rally can be seen in S&P 500. Close Watch.
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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

.