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MCX Aluminium free commodity trading tips and mcx charts - updated for 04th February 2016, Thursday.


MCX ALUMINIUM

MCX Aluminium moving in a up channel pattern in daily chart, technical indicates bulls will be favored.

So far aluminium finding strong trend line resistance at current levels as shown in above image, bulls action can be seen once it closes and holds above its resistance zone.

MACD indicator is moving in a +ve zone this will favor bulls.

Suggested reading - Visit link to see more free mcx tips.
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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

.