Stocks Commodity Research: MCX Weekly 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 Weekly Trend - 16Jan2012

Focus ComTrendz

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

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

ALUMINIUM

Weekly : PCP : 109.9

Weekly Trend

Support : 108.5

Short BreakOut : 107

Trgt : 104.8 - 103.4

&

Resistance : 111.3

Long BreakOut : 112.7

Trgt : 115.0 - 116.4

Expected Range

109 - 114

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

COPPER

Weekly : PCP : 415.85

Weekly Trend

Support : 409.5

Short BreakOut : 403

Trgt : 392.8 - 386.4

&

Resistance : 422.2

Long BreakOut : 428.6

Trgt : 438.9 - 445.3

Expected Range

406 - 430

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

CRUDEOIL

Weekly : PCP : 5,082

Weekly Trend

Support : 4998

Short BreakOut : 4914

Trgt : 4778 - 4694

&

Resistance : 5165

Long BreakOut : 5250

Trgt : 5385 - 5469

Expected Range

4921 - 5226

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

GOLD

Weekly : PCP : 27,427

Weekly Trend

Support : 27309

Short BreakOut : 27190

Trgt : 27003 - 26886

&

Resistance : 27544

Long BreakOut : 27665

Trgt : 27850 - 27968

Expected Range

27196 - 27622

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

LEAD

Weekly : PCP : 104

Weekly Trend

Support : 103.3

Short BreakOut : 102.6

Trgt : 101.4 - 100.7

&

Resistance : 104.7

Long BreakOut : 105.4

Trgt : 106.6 - 107.3

Expected Range

103 - 106

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

NATURALGAS

Weekly : PCP : 138.4

Weekly Trend

Support : 131.4

Short BreakOut : 124.4

Trgt : 113.0 - 106.0

&

Resistance : 145.4

Long BreakOut : 152.4

Trgt : 163.8 - 170.8

Expected Range

125 - 150

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

NICKEL

Weekly : PCP : 1,009.4

Weekly Trend

Support : 997.3

Short BreakOut : 985

Trgt : 965.7 - 953.6

&

Resistance : 1021.5

Long BreakOut : 1034

Trgt : 1053.1 - 1065.2

Expected Range

996 - 1040

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

SILVER

Weekly : PCP : 52,001

Weekly Trend

Support : 51441

Short BreakOut : 50880

Trgt : 49977 - 49417

&

Resistance : 52560

Long BreakOut : 53120

Trgt : 54024 - 54584

Expected Range

51684 - 53718

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

ZINC

Weekly : PCP : 101.05

Weekly Trend

Support : 99.8

Short BreakOut : 98.5

Trgt : 96.4 - 95.1

&

Resistance : 102.3

Long BreakOut : 103.6

Trgt : 105.7 - 107.0

Expected Range

99 - 104

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

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

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

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