Stocks Commodity Research: MCX Weekly Trend - 23Jan2012

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

21 January 2012

MCX Weekly Trend - 23Jan2012

Focus ComTrendz

>>--< FCT >--<<

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

ALUMINIUM

PCP : 110.1

Weekly Trend

Support : 109.4

Short BreakOut : 108.7

Trgt : 107.5 - 106.8

&

Resistance : 110.8

Long BreakOut : 111.5

Trgt : 112.7 - 113.4

Expected Range

110 - 112

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

COPPER

PCP : 417.25

Weekly Trend

Support : 413.8

Short BreakOut : 410.4

Trgt : 404.9 - 401.5

&

Resistance : 420.7

Long BreakOut : 424.1

Trgt : 429.6 - 433.0

Expected Range

416 - 428

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

CRUDEOIL

PCP : 5,006

Weekly Trend

Support : 4945

Short BreakOut : 4885

Trgt : 4787 - 4726

&

Resistance : 5066

Long BreakOut : 5127

Trgt : 5224 - 5285

Expected Range

4875 - 5095

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

GOLD

PCP : 27,448

Weekly Trend

Support : 27295

Short BreakOut : 27140

Trgt : 26894 - 26741

&

Resistance : 27600

Long BreakOut : 27755

Trgt : 28001 - 28154

Expected Range

27057 - 27613

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

LEAD

PCP : 108.3

Weekly Trend

Support : 106.7

Short BreakOut : 105.0

Trgt : 102.4 - 100.7

&

Resistance : 109.9

Long BreakOut : 111.6

Trgt : 114.2 - 115.9

Expected Range

106 - 112

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

NATURALGAS

PCP : 117.7

Weekly Trend

Support : 112.0

Short BreakOut : 106.4

Trgt : 97.2 - 91.5

&

Resistance : 123.4

Long BreakOut : 129.0

Trgt : 138.2 - 143.9

Expected Range

106 - 127

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

NICKEL

PCP : 1,027.2

Weekly Trend

Support : 1012.6

Short BreakOut : 997.9

Trgt : 974.3 - 959.6

&

Resistance : 1041.8

Long BreakOut : 1056.5

Trgt : 1080.1 - 1094.8

Expected Range

1004 - 1058

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

SILVER

PCP : 54,825

Weekly Trend

Support : 54008

Short BreakOut : 53190

Trgt : 51872 - 51055

&

Resistance : 55641

Long BreakOut : 56460

Trgt : 57778 - 58594

Expected Range

53441 - 56409

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

ZINC

PCP : 101.05

Weekly Trend

Support : 100.4

Short BreakOut : 99.8

Trgt : 98.8 - 98.2

&

Resistance : 101.7

Long BreakOut : 102.3

Trgt : 103.3 - 103.9

Expected Range

101 - 103

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

>>--- Follow the Trend --- Trend is your Friend ---<<

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