ASX free trading tips and index forecast - Stock moving up from strong support and holding above golden ratio - updated on 28th December 2015, Monday


Index moving up from strong trend line support zone, technical indicates bulls will be favored.

Index also holding above its golden ratio resistance zone, as long as it holds above further bulls action can be seen in coming days.

If index moves up further then will find strong resistance at its previous top @ 5335.

Suggested reading - Visit link to read article on trading-methods.

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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