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DOW JONES finding resistance - US Stock market chart updated on 30th April 2015, Thursday.


DOW JONES INDUSTRIAL AVERAGE


Dow Jones Index moving up from 100 DMA but now on upper side index is finding strong trend line resistance at current levels, technical indicates as long as us stock market dow index holds above 100 DMA and trading below its trend line trend will not be clear but once it closes and holds above its trend line resistance then further price rise is expecting in coming days.

Even stock major trend indicator "MACD" is moving in positive zone this indicates bulls will be favored once it closes above its trend line.

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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

.