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S&P 500 moving up from strong trend line support zone.


S&P 500 INDEX


  • Index moving in triangle formation, this indicates sharp movement expecting once it comes out from its triangle formation.
  • S&P 500 Index is also moving up and so far holding above 200 DMA this indicates bulls will be favored.
  • Index also moving up from strong trend line support zone @ 1980, as long as holds above further price rise can be seen. Weakness expecting once s&P500 index closes and holds below 1980.
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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

.