Stocks Commodity Research: MCX IntraDay Trend - 16Jan2012

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

14 January 2012

MCX IntraDay Trend - 16Jan2012

Focus ComTrendz

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

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

ALUMINIUM

Daily : PCP : 109.9

IntraDay Trend

Support : 109.5

Short BreakOut : 109.0

Trgt : 108.3 - 107.9

&

Resistance : 110.3

Long BreakOut : 110.8

Trgt : 111.5 - 111.9

Expected Range

109 - 110

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

COPPER

Daily : PCP : 415.85

IntraDay Trend

Support : 413.4

Short BreakOut : 411.0

Trgt : 407.0 - 404.5

&

Resistance : 418.3

Long BreakOut : 420.7

Trgt : 424.7 - 427.2

Expected Range

414 - 422

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

CRUDEOIL

Daily : PCP : 5,082

IntraDay Trend

Support : 5030

Short BreakOut : 4979

Trgt : 4896 - 4845

&

Resistance : 5133

Long BreakOut : 5185

Trgt : 5267 - 5318

Expected Range

4981 - 5167

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

GOLD

Daily : PCP : 27,427

IntraDay Trend

Support : 27369

Short BreakOut : 27310

Trgt : 27218 - 27160

&

Resistance : 27484

Long BreakOut : 27545

Trgt : 27635 - 27693

Expected Range

27304 - 27514

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

LEAD

Daily : PCP : 104

IntraDay Trend

Support : 103.6

Short BreakOut : 103.2

Trgt : 102.6 - 102.2

&

Resistance : 104.4

Long BreakOut : 104.8

Trgt : 105.4 - 105.8

Expected Range

103 - 104

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

NATURALGAS

Daily : PCP : 138.4

IntraDay Trend

Support : 137.1

Short BreakOut : 135.9

Trgt : 133.8 - 132.6

&

Resistance : 139.7

Long BreakOut : 140.9

Trgt : 143.0 - 144.2

Expected Range

135 - 140

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

NICKEL

Daily : PCP : 1,009.4

IntraDay Trend

Support : 1002.3

Short BreakOut : 995

Trgt : 983.5 - 976.4

&

Resistance : 1016.6

Long BreakOut : 1024

Trgt : 1035.3 - 1042.4

Expected Range

991 - 1017

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

SILVER

Daily : PCP : 52,001

IntraDay Trend

Support : 51800

Short BreakOut : 51600

Trgt : 51275 - 51075

&

Resistance : 52201

Long BreakOut : 52405

Trgt : 52726 - 52926

Expected Range

51572 - 52301

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

ZINC

Daily : PCP : 101.05

IntraDay Trend

Support : 100.7

Short BreakOut : 100.3

Trgt : 99.7 - 99.3

&

Resistance : 101.4

Long BreakOut : 101.8

Trgt : 102.4 - 102.8

Expected Range

100 - 102

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

>>--- Follow the Trend ---<<

>>--- Trend is your Friend ---<<

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