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CNX IT free technical analysis chart and stock tips updated for 10th February 2016, Wednesday.


CNX IT INDEX CHART

CNX IT has formed head and shoulder pattern in daily chart, technical indicates its has now closed below its previous bottom.

As long as IT index holds below its recent low @ 10590 bears will be favoured and further fall can be seen in coming days.

Intraday levels for CNX IT updated for 10th February 2016, Wednesday.

Intraday CNX IT looks weak below 10590.
Will find support around 10450, 10350.
S.L 10700.

Suggested reading - Visit link to see more technical analysis charts.

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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

.