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MCX facing golden raatio resistance around 892. Will favor bulls once it closes and holds above.


MCX


  • Stock moving up from strong trend line support zone @ 841. Technical indicates that as long as stock holds above bulls will be favored.
  • Stock also holding above 100 DMA, this indicates bulls will be favored.
  • On upper side MCX will find golden ratio resistance around 892, chart indicates once stock closes and holds above 892 then further price rise can be seen in coming days. 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

.