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MCX Nickel free mcx chart and commodity tips updated for 10th November 2015, Tuesday.


MCX - NICKEL


MCX nickel witnessing selling pressure from strong trend line resistance zone this will favor bears as long as it holds below.
On down side will find support at its previous bottom @ 633.50, further weakness can be seen once it closes and holds below 633.50.

Intraday Nickel looks weak below 633.50, will find support around 628, 625.

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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

.