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MCX LEAD 1 KG Commodity Tips - LEAD on the verge of Bullish Breakout above 134. (Updated On 24th July 2014, Thursday).


MCX LEAD 1 KG




  • MCX LEAD 1 KG is moving up from strong fibonacci retracement support zone, and now facing strong trend line resistance around 134, close watch once lead closes above 134 in daily chart and stays above then lead looking bullish , on upper side lead will find next resistance around 135.50 and 137. Intraday close watch once Lead starts trading above 134 can see some intraday action.
  • Daily chart also indicates lead is now trading above 200 days moving average, as long as holds above lead will favor bulls.
  • Weekly chart indicates lead is moving up from strong trend line support zone and 100 weeks moving average, as longs as hold above in weekly chart lead will favor short term traders.





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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

.