Stocks Commodity Research: MCX IntraDay Trend - 13Jan2012

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.------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------

13 January 2012

MCX IntraDay Trend - 13Jan2012

Focus ComTrendz

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COPPER

Daily : PCP : 416.8

IntraDay Trend

Support : 413.3

Short BreakOut : 409.8

Trgt : 404.1 - 400.5

&

Resistance : 420.3

Long BreakOut : 423.8

Trgt : 429.5 - 433.1

Expected Range

411 - 424

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CRUDEOIL

Daily : PCP : 5,260

IntraDay Trend

Support : 5241

Short BreakOut : 5220

Trgt : 5193 - 5174

&

Resistance : 5278

Long BreakOut : 5300

Trgt : 5326 - 5345

Expected Range

5217 - 5284

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GOLD

Daily : PCP : 27,665

IntraDay Trend

Support : 27614

Short BreakOut : 27560

Trgt : 27481 - 27431

&

Resistance : 27715

Long BreakOut : 27770

Trgt : 27848 - 27898

Expected Range

27557 - 27741

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LEAD

Daily : PCP : 104.65

IntraDay Trend

Support : 104.1

Short BreakOut : 103.6

Trgt : 102.7 - 102.2

&

Resistance : 105.2

Long BreakOut : 105.7

Trgt : 106.6 - 107.1

Expected Range

104 - 106

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NATURALGAS

Daily : PCP : 138.7

IntraDay Trend

Support : 136.9

Short BreakOut : 135

Trgt : 132 - 130.2

&

Resistance : 140.5

Long BreakOut : 142.4

Trgt : 145.4 - 147.2

Expected Range

135 - 142

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NICKEL

Daily : PCP : 1,015.9

IntraDay Trend

Support : 1010

Short BreakOut : 1004

Trgt : 994.5 - 988.5

&

Resistance : 1021.8

Long BreakOut : 1028

Trgt : 1037.4 - 1043.3

Expected Range

1011 - 1032

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SILVER

Daily : PCP : 52,770

IntraDay Trend

Support : 52550

Short BreakOut : 52330

Trgt : 51977 - 51757

&

Resistance : 52989

Long BreakOut : 53210

Trgt : 53563 - 53782

Expected Range

52687 - 53484

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ZINC

Daily : PCP : 101.1

IntraDay Trend

Support : 100.5

Short BreakOut : 99.9

Trgt : 98.9 - 98.3

&

Resistance : 101.7

Long BreakOut : 102.3

Trgt : 103.3 - 103.9

Expected Range

100 - 103

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