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AUSTRALIA ALL ORDINARIES Index heading to test its strong trend line resistance around 5523.


AUSTRALIA ALL ORDINARIES


  • Index moving up from golden ratio support zone, and Index recently closed above its recent top. This indicates bulls will be favored.
  • On upper side close watch All Ordinaries Index will find strong trend line resistance around 5523, once index closes and holds above 5523 then further price rise can be seen in coming days. But if fails to holds above 5523 then Index can see some correction in coming days. Close Watch.
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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

.