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Tips on share - MCX (multi commodity exchange) stock holding strong. (Updated On 18th June 2014, Wednesday).







  • MCX trading in an up channel formation indicates once stock comes out from its formation then sharp move expecting , daily chart also indicates that stock also facing trend line resistance around 635.
  • Weekly chart indicates that stock trading above 20 weeks moving average , as long as trades above will favor bulls.
  • Monthly chart indicates that stock trading above 23.6% fibonacci retracement, stock to favor bulls. Close Watch.



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Tips On Share - RELIANCE INDS moving up from strong support. (Updated On 18th June 2014, Wednesday).





  • RELIANCE INDS moving up from strong 23.6%  fibonacci retracement support level, chart indicates stock to favor bulls as long as it stays above.
  • Daily chart indicates that a stock also moving up from lower bollinger band support once starts trading above 20 days moving average stock to favor bulls.
  • On upper side stock will face strong trend line resistance around 1142, 1187, 1245 ( as per weekly chart).



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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

.