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

24 February 2012

MCX IntraDay Trend - 24Feb2012


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

ALUMINI
PCP :  110.000
Daily Trend
Pivot Point : 110.0

Support : 109.7
Short BreakOut : 109.3
Trgt : 108.8 - 108.4
&
Resistance : 110.3
Long BreakOut : 110.7
Trgt : 111.2 - 111.6

Expected Range
109 -  110
>>---<>---<<

ALUMINI
>>--- In the Range ---<<
Buy around : 109.7 - 109.5 StopLoss below : 109.3 for Target : 109.9 - 110.2 - 110.3
&
Sell around : 110.3 - 110.5 StopLoss above : 110.7 for Target : 110.1 - 109.8 - 109.7

>>--- If BreakOut ---<<
Buy around : 110.7 StopLoss below : 110.3 for Target : 111.2 - 111.6
&
Sell around : 109.3 StopLoss above : 109.7 for Target : 108.8 - 108.4

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



ALUMINIUM
PCP :  109.950
Daily Trend
Pivot Point : 110.0

Support : 109.6
Short BreakOut : 109.3
Trgt : 108.8 - 108.4
&
Resistance : 110.3
Long BreakOut : 110.6
Trgt : 111.1 - 111.5

Expected Range
109 -  110
>>---<>---<<

ALUMINIUM
>>--- In the Range ---<<
Buy around : 109.6 - 109.5 StopLoss below : 109.3 for Target : 109.8 - 110.2 - 110.3
&
Sell around : 110.3 - 110.4 StopLoss above : 110.6 for Target : 110.1 - 109.7 - 109.6

>>--- If BreakOut ---<<
Buy around : 110.6 StopLoss below : 110.3 for Target : 111.1 - 111.5
&
Sell around : 109.3 StopLoss above : 109.6 for Target : 108.8 - 108.4

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



COPPER
PCP :  412.950
Daily Trend
Pivot Point : 413.3

Support : 411.3
Short BreakOut : 409.7
Trgt : 407.1 - 405.5
&
Resistance : 414.6
Long BreakOut : 416.2
Trgt : 418.8 - 420.4

Expected Range
409 -  415
>>---<>---<<

COPPER
>>--- In the Range ---<<
Buy around : 411.3 - 410.5 StopLoss below : 409.7 for Target : 412.4 - 414.0 - 414.6
&
Sell around : 414.6 - 415.4 StopLoss above : 416.2 for Target : 413.5 - 411.9 - 411.3

>>--- If BreakOut ---<<
Buy around : 416.2 StopLoss below : 414.6 for Target : 418.8 - 420.4
&
Sell around : 409.7 StopLoss above : 411.3 for Target : 407.1 - 405.5

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



COPPERM
PCP :  412.950
Daily Trend
Pivot Point : 413.4

Support : 411.2
Short BreakOut : 409.5
Trgt : 406.7 - 405.0
&
Resistance : 414.7
Long BreakOut : 416.4
Trgt : 419.2 - 420.9

Expected Range
409 -  415
>>---<>---<<

COPPERM
>>--- In the Range ---<<
Buy around : 411.2 - 410.4 StopLoss below : 409.5 for Target : 412.4 - 414.1 - 414.7
&
Sell around : 414.7 - 415.5 StopLoss above : 416.4 for Target : 413.5 - 411.8 - 411.2

>>--- If BreakOut ---<<
Buy around : 416.4 StopLoss below : 414.7 for Target : 419.2 - 420.9
&
Sell around : 409.5 StopLoss above : 411.2 for Target : 406.7 - 405.0

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



CRUDEOIL
PCP : 5,280.000
Daily Trend
Pivot Point : 5266

Support : 5261
Short BreakOut : 5243
Trgt : 5214 - 5196
&
Resistance : 5298
Long BreakOut : 5317
Trgt : 5345 - 5363

Expected Range
5254 -  5320
>>---<>---<<

CRUDEOIL
>>--- In the Range ---<<
Buy around : 5261 - 5252 StopLoss below : 5243 for Target : 5274 - 5292 - 5298
&
Sell around : 5298 - 5307 StopLoss above : 5317 for Target : 5286 - 5267 - 5261

>>--- If BreakOut ---<<
Buy around : 5316 StopLoss below : 5298 for Target : 5345 - 5363
&
Sell around : 5243 StopLoss above : 5261 for Target : 5214 - 5196

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



GOLD
PCP : 28,913.000
Daily Trend
Pivot Point : 28860

Support : 28852
Short BreakOut : 28790
Trgt : 28693 - 28632
&
Resistance : 28973
Long BreakOut : 29035
Trgt : 29132 - 29193

Expected Range
28818 -  29039
>>---<>---<<

GOLD
>>--- In the Range ---<<
Buy around : 28852 - 28821 StopLoss below : 28790 for Target : 28892 - 28953 - 28973
&
Sell around : 28973 - 29004 StopLoss above : 29035 for Target : 28933 - 28872 - 28852

>>--- If BreakOut ---<<
Buy around : 29034 StopLoss below : 28973 for Target : 29132 - 29193
&
Sell around : 28791 StopLoss above : 28852 for Target : 28693 - 28632

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



GOLDM
PCP : 28,678.000
Daily Trend
Pivot Point : 28612

Support : 28609
Short BreakOut : 28540
Trgt : 28429 - 28360
&
Resistance : 28746
Long BreakOut : 28816
Trgt : 28926 - 28995

Expected Range
28567 -  28817
>>---<>---<<

GOLDM
>>--- In the Range ---<<
Buy around : 28609 - 28574 StopLoss below : 28540 for Target : 28655 - 28723 - 28746
&
Sell around : 28746 - 28781 StopLoss above : 28816 for Target : 28700 - 28632 - 28609

>>--- If BreakOut ---<<
Buy around : 28815 StopLoss below : 28746 for Target : 28926 - 28995
&
Sell around : 28540 StopLoss above : 28609 for Target : 28429 - 28360

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



LEAD
PCP :  104.950
Daily Trend
Pivot Point : 104.7

Support : 104.5
Short BreakOut : 104.0
Trgt : 103.3 - 102.9
&
Resistance : 105.4
Long BreakOut : 105.9
Trgt : 106.6 - 107.0

Expected Range
104 -  106
>>---<>---<<

LEAD
>>--- In the Range ---<<
Buy around : 104.5 - 104.3 StopLoss below : 104.0 for Target : 104.8 - 105.3 - 105.4
&
Sell around : 105.4 - 105.6 StopLoss above : 105.9 for Target : 105.1 - 104.6 - 104.5

>>--- If BreakOut ---<<
Buy around : 105.9 StopLoss below : 105.4 for Target : 106.6 - 107.0
&
Sell around : 104.0 StopLoss above : 104.5 for Target : 103.3 - 102.9

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



LEADMINI
PCP :  104.950
Daily Trend
Pivot Point : 104.7

Support : 104.5
Short BreakOut : 104.0
Trgt : 103.3 - 102.9
&
Resistance : 105.4
Long BreakOut : 105.9
Trgt : 106.6 - 107.0

Expected Range
104 -  106
>>---<>---<<

LEADMINI
>>--- In the Range ---<<
Buy around : 104.5 - 104.3 StopLoss below : 104.0 for Target : 104.8 - 105.3 - 105.4
&
Sell around : 105.4 - 105.6 StopLoss above : 105.9 for Target : 105.1 - 104.6 - 104.5

>>--- If BreakOut ---<<
Buy around : 105.9 StopLoss below : 105.4 for Target : 106.6 - 107.0
&
Sell around : 104.0 StopLoss above : 104.5 for Target : 103.3 - 102.9

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



NATURALGAS
PCP :  128.000
Daily Trend
Pivot Point : 129.0

Support : 126.3
Short BreakOut : 124.5
Trgt : 121.7 - 120.0
&
Resistance : 129.7
Long BreakOut : 131.5
Trgt : 134.3 - 136.0

Expected Range
124 -  130
>>---<>---<<

NATURALGAS
>>--- In the Range ---<<
Buy around : 126.3 - 125.4 StopLoss below : 124.5 for Target : 127.4 - 129.2 - 129.7
&
Sell around : 129.7 - 130.6 StopLoss above : 131.5 for Target : 128.6 - 126.8 - 126.3

>>--- If BreakOut ---<<
Buy around : 131.5 StopLoss below : 129.7 for Target : 134.3 - 136.0
&
Sell around : 124.5 StopLoss above : 126.3 for Target : 121.7 - 120.0

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



NICKEL
PCP :  981.900
Daily Trend
Pivot Point : 986.0

Support : 976.6
Short BreakOut : 971.2
Trgt : 962.6 - 957.3
&
Resistance : 987.2
Long BreakOut : 992.6
Trgt : 1001.2 - 1006.5

Expected Range
970 -  990
>>---<>---<<

NICKEL
>>--- In the Range ---<<
Buy around : 976.6 - 973.9 StopLoss below : 971.2 for Target : 980.1 - 985.5 - 987.2
&
Sell around : 987.2 - 989.9 StopLoss above : 992.6 for Target : 983.7 - 978.3 - 976.6

>>--- If BreakOut ---<<
Buy around : 992.6 StopLoss below : 987.2 for Target : 1001.2 - 1006.5
&
Sell around : 971.2 StopLoss above : 976.6 for Target : 962.6 - 957.3

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



NICKELM
PCP :  981.900
Daily Trend
Pivot Point : 985.8

Support : 976.8
Short BreakOut : 971.7
Trgt : 963.4 - 958.3
&
Resistance : 987.0
Long BreakOut : 992.1
Trgt : 1000.4 - 1005.5

Expected Range
971 -  990
>>---<>---<<

NICKELM
>>--- In the Range ---<<
Buy around : 976.8 - 974.2 StopLoss below : 971.7 for Target : 980.2 - 985.3 - 987.0
&
Sell around : 987.0 - 989.6 StopLoss above : 992.1 for Target : 983.6 - 978.5 - 976.8

>>--- If BreakOut ---<<
Buy around : 992.1 StopLoss below : 987.0 for Target : 1000.4 - 1005.5
&
Sell around : 971.7 StopLoss above : 976.8 for Target : 963.4 - 958.3

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



SILVER
PCP : 58,677.000
Daily Trend
Pivot Point : 58226

Support : 58246
Short BreakOut : 57815
Trgt : 57118 - 56688
&
Resistance : 59107
Long BreakOut : 59540
Trgt : 60235 - 60665

Expected Range
57948 -  59514
>>---<>---<<

SILVER
>>--- In the Range ---<<
Buy around : 58246 - 58031 StopLoss below : 57815 for Target : 58533 - 58964 - 59107
&
Sell around : 59107 - 59323 StopLoss above : 59540 for Target : 58820 - 58389 - 58246

>>--- If BreakOut ---<<
Buy around : 59538 StopLoss below : 59107 for Target : 60235 - 60665
&
Sell around : 57815 StopLoss above : 58246 for Target : 57118 - 56688

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



SILVERM
PCP : 58,677.000
Daily Trend
Pivot Point : 58230

Support : 58241
Short BreakOut : 57800
Trgt : 57102 - 56666
&
Resistance : 59112
Long BreakOut : 59550
Trgt : 60252 - 60687

Expected Range
57947 -  59530
>>---<>---<<

SILVERM
>>--- In the Range ---<<
Buy around : 58241 - 58024 StopLoss below : 57800 for Target : 58531 - 58967 - 59112
&
Sell around : 59112 - 59330 StopLoss above : 59550 for Target : 58822 - 58386 - 58241

>>--- If BreakOut ---<<
Buy around : 59547 StopLoss below : 59112 for Target : 60252 - 60687
&
Sell around : 57806 StopLoss above : 58241 for Target : 57102 - 56666

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



ZINC
PCP :  100.300
Daily Trend
Pivot Point : 100.5

Support : 99.9
Short BreakOut : 99.4
Trgt : 98.8 - 98.3
&
Resistance : 100.7
Long BreakOut : 101.2
Trgt : 101.8 - 102.3

Expected Range
99 -  101
>>---<>---<<

ZINC
>>--- In the Range ---<<
Buy around : 99.9 - 99.7 StopLoss below : 99.4 for Target : 100.2 - 100.6 - 100.7
&
Sell around : 100.7 - 100.9 StopLoss above : 101.2 for Target : 100.4 - 100.0 - 99.9

>>--- If BreakOut ---<<
Buy around : 101.2 StopLoss below : 100.7 for Target : 101.8 - 102.3
&
Sell around : 99.4 StopLoss above : 99.9 for Target : 98.8 - 98.3

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



ZINCMINI
PCP :  100.300
Daily Trend
Pivot Point : 100.5

Support : 99.9
Short BreakOut : 99.5
Trgt : 98.9 - 98.5
&
Resistance : 100.7
Long BreakOut : 101.1
Trgt : 101.7 - 102.1

Expected Range
99 -  101
>>---<>---<<

ZINCMINI
>>--- In the Range ---<<
Buy around : 99.9 - 99.7 StopLoss below : 99.5 for Target : 100.2 - 100.6 - 100.7
&
Sell around : 100.7 - 100.9 StopLoss above : 101.1 for Target : 100.4 - 100.0 - 99.9

>>--- If BreakOut ---<<
Buy around : 101.1 StopLoss below : 100.7 for Target : 101.7 - 102.1
&
Sell around : 99.5 StopLoss above : 99.9 for Target : 98.9 - 98.5

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



BANKNIFTY-I
PCP : 10,811.300
Daily Trend
Pivot Point : 10819.8

Support : 10744.8
Short BreakOut : 10678.2
Trgt : 10570.5 - 10504.0
&
Resistance : 10877.8
Long BreakOut : 10944.4
Trgt : 11052.1 - 11118.6

Expected Range
10757 -  10999
>>---<>---<<

BANKNIFTY-I
>>--- In the Range ---<<
Buy around : 10744.8 - 10711.5 StopLoss below : 10678.2 for Target : 10789.1 - 10855.7 - 10877.8
&
Sell around : 10877.8 - 10911.1 StopLoss above : 10944.4 for Target : 10833.5 - 10766.9 - 10744.8

>>--- If BreakOut ---<<
Buy around : 10944.4 StopLoss below : 10877.8 for Target : 11052.1 - 11118.6
&
Sell around : 10678.2 StopLoss above : 10744.8 for Target : 10570.5 - 10504.0

>>---<<>>---<<
Posted by Lalit Jain at Friday, February 24, 2012

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