DJIA moving up from strong trend line support zone.


  • Index moving up from strong trend line support zone @ 17038, this indicates as long as Dow Jones holds above its trend line then further price rise can be seen.
  • Once Index closes and holds below 17038 then further price fall can be seen in coming days.
  • Dow Jones Index also closes and holding above its 200 DMA this indicates bull will be favored.
  • If Index moves up from further from current levels then Down will find strong trend line resistance (as per line analysis) around 17600, 17840, 17916 & 18103.
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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