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DAX index trading tips updated on 17th June 2015, Wednesday.


DAX INDEX


DAX technical chart indicates that index is finding strong support at current levels, it is finding 200 DMA and 50% fibonacci retracment support.
So far chart indicates that it is moving up from its support zone as long as it holds above bulls will be favored and technical also indicates that 200 DMA pays a very important role, weakness can be seen in DAX index once it closes and holds below.
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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

.