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CNX IT Index free index trading tips and forecast - updated for 30th December 2015, Wednesday



IT index is forming triangle pattern in daily chart technical indicates as long as it holds in between trend will be mix with no clear direction.

On upper side it will be finding strong trend line resistance around 11303, further bulls action can be seen once it closes and holds above its triangle pattern as shown in above image.

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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

.