The Basic Golden Rules of Trading ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------Always be a disciplined trader. ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------Price is what you pay. Value is what you get. ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------Never trade on news or rumors, always follow the levels, remember, news does not make levels, it just triggers levels. ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------Never ever enter a trade where the risk to reward ratio is less than 1:4. ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------Never get panicked or exited by the happenings on the screen, stick to the levels and stop loss, else you’ll always end up loser. ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------80-20 rule→Always remember 80% of the profit from trading will come only from 20% of your trades. ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------Be consistent and systemic→A trader has to be systemic and consistent in his trading. Only a consistent trader can make most out of the available opportunities. ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------No prediction→One can never know in advance which of his trade will end in a loss or profit. ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------Follow the trend→Always follow the trend. Follow the price and never ever expect market to follow you. ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------Big profits & losses (a part of trading)→Hold your profit making trade till your trailing stop loss hit. Same way, Enter in your trade with proper stop loss and close your trade when ever your stop loss hits.------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------

Live Comex Commodity Market


The Commodity Prices Powered by Focus ComTrendz - The Financial & Research Portal.

NSE Live HeatMap

16 November 2012

MCX IntraDay Trend - 16Nov2012


Focus ComTrendz
>>--< FCT >--<<

ALUMINIUM
PCP : 107.5
Daily Trend
Pivot Point : 107.4

Support : 107.1
Short BreakOut : 106.7
Trgt : 106.0 - 105.6
&
Resistance : 107.9
Long BreakOut : 108.3
Trgt : 109.0 - 109.4

Expected Range
106 -  108
>>---<>---<<

ALUMINIUM
>>--- In the Range ---<<
Buy around : 107.1 - 106.9 StopLoss below : 106.7 for Target : 107.4 - 107.8 - 107.9
&
Sell around : 107.9 - 108.1 StopLoss above : 108.3 for Target : 107.6 - 107.2 - 107.1

>>--- If BreakOut ---<<
Buy around : 108.3 StopLoss below : 107.9 for Target : 109.0 - 109.4
&
Sell around : 106.7 StopLoss above : 107.1 for Target : 106.0 - 105.6

>>---<<>>---<<


COPPER
PCP : 420.6
Daily Trend
Pivot Point : 420.4

Support : 419.7
Short BreakOut : 418.8
Trgt : 417.4 - 416.5
&
Resistance : 421.5
Long BreakOut : 422.4
Trgt : 423.8 - 424.7

Expected Range
420 -  423
>>---<>---<<

COPPER
>>--- In the Range ---<<
Buy around : 419.7 - 419.3 StopLoss below : 418.8 for Target : 420.3 - 421.2 - 421.5
&
Sell around : 421.5 - 421.9 StopLoss above : 422.4 for Target : 420.9 - 420.0 - 419.7

>>--- If BreakOut ---<<
Buy around : 422.4 StopLoss below : 421.5 for Target : 423.8 - 424.7
&
Sell around : 418.8 StopLoss above : 419.7 for Target : 417.4 - 416.5

>>---<<>>---<<


GOLD
PCP : 31456
Daily Trend
Pivot Point : 31498

Support : 31333
Short BreakOut : 31211
Trgt : 31013 - 30890
&
Resistance : 31578
Long BreakOut : 31700
Trgt : 31898 - 32021

Expected Range
31154 -  31599
>>---<>---<<

GOLD
>>--- In the Range ---<<
Buy around : 31333 - 31272 StopLoss below : 31211 for Target : 31415 - 31537 - 

31578
&
Sell around : 31578 - 31639 StopLoss above : 31700 for Target : 31496 - 31374 - 

31333

>>--- If BreakOut ---<<
Buy around : 31700 StopLoss below : 31578 for Target : 31898 - 32021
&
Sell around : 31211 StopLoss above : 31333 for Target : 31013 - 30890

>>---<<>>---<<


LEAD
PCP : 121.05
Daily Trend
Pivot Point : 120.6

Support : 120.6
Short BreakOut : 120.2
Trgt : 119.5 - 119.0
&
Resistance : 121.5
Long BreakOut : 121.9
Trgt : 122.6 - 123.1

Expected Range
120 -  122
>>---<>---<<

LEAD
>>--- In the Range ---<<
Buy around : 120.6 - 120.4 StopLoss below : 120.2 for Target : 120.9 - 121.3 - 121.5
&
Sell around : 121.5 - 121.7 StopLoss above : 121.9 for Target : 121.2 - 120.8 - 120.6

>>--- If BreakOut ---<<
Buy around : 121.9 StopLoss below : 121.5 for Target : 122.6 - 123.1
&
Sell around : 120.2 StopLoss above : 120.6 for Target : 119.5 - 119.0

>>---<<>>---<<


NATURALGAS
PCP : 206.7
Daily Trend
Pivot Point : 206.8

Support : 204.7
Short BreakOut : 202.8
Trgt : 199.6 - 197.7
&
Resistance : 208.7
Long BreakOut : 210.6
Trgt : 213.8 - 215.7

Expected Range
201 -  209
>>---<>---<<

NATURALGAS
>>--- In the Range ---<<
Buy around : 204.7 - 203.8 StopLoss below : 202.8 for Target : 206.0 - 208.0 - 208.7
&
Sell around : 208.7 - 209.6 StopLoss above : 210.6 for Target : 207.4 - 205.4 - 204.7

>>--- If BreakOut ---<<
Buy around : 210.6 StopLoss below : 208.7 for Target : 213.8 - 215.7
&
Sell around : 202.8 StopLoss above : 204.7 for Target : 199.6 - 197.7

>>---<<>>---<<


NICKEL
PCP : 876.9
Daily Trend
Pivot Point : 880.9

Support : 873.0
Short BreakOut : 869.1
Trgt : 862.8 - 858.9
&
Resistance : 880.8
Long BreakOut : 884.7
Trgt : 891.0 - 894.9

Expected Range
869 -  883
>>---<>---<<

NICKEL
>>--- In the Range ---<<
Buy around : 873.0 - 871.0 StopLoss below : 869.1 for Target : 875.6 - 879.5 - 880.8
&
Sell around : 880.8 - 882.8 StopLoss above : 884.7 for Target : 878.2 - 874.3 - 873.0

>>--- If BreakOut ---<<
Buy around : 884.7 StopLoss below : 880.8 for Target : 891.0 - 894.9
&
Sell around : 869.1 StopLoss above : 873.0 for Target : 862.8 - 858.9

>>---<<>>---<<


SILVER
PCP : 60910
Daily Trend
Pivot Point : 60831

Support : 60658
Short BreakOut : 60407
Trgt : 60000 - 59749
&
Resistance : 61161
Long BreakOut : 61412
Trgt : 61819 - 62070

Expected Range
60166 -  61080
>>---<>---<<

SILVER
>>--- In the Range ---<<
Buy around : 60658 - 60533 StopLoss below : 60407 for Target : 60826 - 61077 - 

61161
&
Sell around : 61161 - 61287 StopLoss above : 61412 for Target : 60993 - 60742 - 

60658

>>--- If BreakOut ---<<
Buy around : 61412 StopLoss below : 61161 for Target : 61819 - 62070
&
Sell around : 60407 StopLoss above : 60658 for Target : 60000 - 59749

>>---<<>>---<<


ZINC
PCP : 106.2
Daily Trend
Pivot Point : 105.9

Support : 105.8
Short BreakOut : 105.5
Trgt : 104.9 - 104.5
&
Resistance : 106.6
Long BreakOut : 106.9
Trgt : 107.5 - 107.9

Expected Range
106 -  107
>>---<>---<<

ZINC
>>--- In the Range ---<<
Buy around : 105.8 - 105.6 StopLoss below : 105.5 for Target : 106.1 - 106.4 - 106.6
&
Sell around : 106.6 - 106.8 StopLoss above : 106.9 for Target : 106.3 - 106.0 - 105.8

>>--- If BreakOut ---<<
Buy around : 106.9 StopLoss below : 106.6 for Target : 107.5 - 107.9
&
Sell around : 105.5 StopLoss above : 105.8 for Target : 104.9 - 104.5

>>---<<>>---<<
Posted by Lalit Jain at Friday, November 16, 2012

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