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MCX aluminium tips and commodity trading tips updated for 01st March 2016, Tuesday.


MCX ALUMINIUM

MCX aluminium has closed above its previous top as shown in above image, technical indicates bulls will be favored as long as it stock holds above its previous top @ 109.50.

Suggested reading - Visit link to read article on MCX holidays.

Its previous top @ 109.50 is now acting as a major support for MCX aluminium.

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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

.