Advertisement

DOW JONES has formed triangle formation in daily chart, sharp movement expecting once it comes out from its pattern.


DOW JONES INDUSTRIAL AVERAGE


  • Index is moving up and holding above 200 DMA , this indicates as long as it holds above bulls will be favored.
  • Dow Jones Industrial Average has formed triangle formation in daily chart this indicates sharp movement expecting once it comes out from its pattern.
  • On upper side Index will find trend line resistance around 17840, 17916 and 18103 once it closes and holds above its trend line resistance then further price rise can be seen in coming days. Close Watch.
Posted by
Labels: , , ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Advertisement

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

.