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MCX ALUMINIUM has formed head and shoulder pattern.


MCX ALUMINIUM




  • Aluminium has formed head and shoulder pattern, fresh bull rally expecting once it closes and holds above 129.
  • As per weekly chart Aluminium is finding resistance around 129. Closes and holds above 129 will favor short-long term traders.
  • Once closes and holds above 129 then aluminum will find next resistance around 135 as shown in technical chart no3. Close Watch.
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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

.