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HANG SENG INDEX made a bullish breakout, further price rise can be seen in coming days.


HANG SENG INDEX


  • Index had formed head and shoulder formation in daily chart, and made a bullish breakout by closing above its resistance @ 24370, this indicates as long as Index holds above bulls will be favored and further price rise can be seen in coming days.
  • Previous resistance @ 2370 will now act as a major support for Hang Seng Index.
  • On upper side Index will now find next strong resistance around 25370 (its previous top).
  • Stock major trend indicator "MACD" is moving in +ve zone this indicates further price rise can be seen in coming days.
  • Free Stock Charts.
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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

.