- As per previous report published on MCX LEAD 1 Kg, it gave a bullish move after breaking its resistance of 134, and so far made a high of 136. (Click here to read the previous report on MCX LEAD published by us).
- Now daily chart indicates Lead has now closed above its major resistance as shown above in chart and bulls are active as long as lead holds above its resistance zone.
- If Lead moves up from current levels then will find around trend line resistance around 137 & 144.50. And 138.50 its 161.8% fibonacci retracement.
- Weekly chart also indicates Lead is trading above 200 days moving average this will favor bulls.
- Click here to see all the reports (tips) published by us on MCX LEAD 1 KG (as per technical analysis point of view).
- Visit our blog daily for MCX Trading Tips.
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MCX LEAD 1 KG Trading Tips, Technical Analysis Chart - Lead made a bullish break , further strength expecting as long a holds above its previous resistance. (Updated On 28th July 2014, Monday).
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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
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
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