Advertisement

MCX LEAD has witnessed sharp selling after breaking its head and shoulder formation.


MCX LEAD


  • Commodity had formed head and shoulder formation in daily chart.
  • Lead has shown sharp weakness after coming out from its formation @ 120.50 (as shown above).
  • Lead also coming down from 200 DMA this will favor bears as long as commodity holds below.
  • Also see  - MCX Copper free analysis.

No comments:

Post a Comment

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

.