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CNX FMGC INDEX chart technical analysis index tips - FMGC INDEX trading above its strong resistance zone, will favor bulls as long as holds above, But facing strong resistance around 19600, further strength expecting once closes above 19600. (Updated on 20th September 2014, Saturday).


CNX FMGC INDEX




  • CNX FMGC INDEX in up channel formation, indicates as long as stock in between pattern it will be favored by bulls, once comes out from its pattern on down side then sharp weakness is expecting.
  • According to technical chart no2, , Index is trying to hold above its major resistance in daily chart, Its previous resistance will now act as a major support, as long as holds above bulls will be favored as per daily chart.
  • Weekly chart indicates that Index is facing resistance of its all time high @ 19600, once closes above 19600 then bulls may have strong grip in CNX FMGC INDEX. Close Watch.
  • Best trading recommendations.
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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

.