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MCX ALUMINIUM Trading Tips Technical Analysis Chart Graph forecast ideas- Commodity facing strong support at current levels, hope for bulls, further weakness expecting if closes below 117. (Updated on 24th September 2014, Wednesday).


MCX ALUMINIUM




  • MCX ALUMINIUM if currently facing 50% fibonacci retracement support @ 117, chart indicates as long as aluminium holds above bulls will be favored, if closes below 117 then commodity will find next support around 115.25.
  • Chart also indicates aluminum facing 100 DMA support, hope for bulls to move commodity up from current levels, weakness expecting if aluminium starts trading below 100 DMA.
  • If moves up from current levels then MCX Aluminium will find resistance around 119.50, 121.25, 122.50 and 124 as shown above.
  • Free MCX trading 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

.