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

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NSE Live HeatMap

04 June 2012

MCX IntraDay Trend - 04Jun2012


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

CARDAMOM
PCP : 1331
Daily Trend
Pivot Point : 1338.7

Support : 1321.4
Short BreakOut : 1311.8
Trgt : 1296.2 - 1286.6
&
Resistance : 1340.6
Long BreakOut : 1350.3
Trgt : 1365.8 - 1375.4

Expected Range
1311 -  1346
>>---<>---<<

CARDAMOM
>>--- In the Range ---<<
Buy around : 1321.4 - 1316.6 StopLoss below : 1311.8 for Target : 1327.8 - 1337.4 - 1340.6
&
Sell around : 1340.6 - 1345.4 StopLoss above : 1350.3 for Target : 1334.2 - 1324.6 - 1321.4

>>--- If BreakOut ---<<
Buy around : 1350.3 StopLoss below : 1340.6 for Target : 1365.8 - 1375.4
&
Sell around : 1311.8 StopLoss above : 1321.4 for Target : 1296.2 - 1286.6

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


COTTON
PCP : 15280
Daily Trend
Pivot Point : 15253.3

Support : 15181.0
Short BreakOut : 15082.0
Trgt : 14921.8 - 14822.8
&
Resistance : 15379.0
Long BreakOut : 15478.0
Trgt : 15638.2 - 15737.2

Expected Range
14990 -  15350
>>---<>---<<

COTTON
>>--- In the Range ---<<
Buy around : 15181.0 - 15131.5 StopLoss below : 15082.0 for Target : 15247.0 - 15346.0 - 15379.0
&
Sell around : 15379.0 - 15428.5 StopLoss above : 15478.0 for Target : 15313.0 - 15214.0 - 15181.0

>>--- If BreakOut ---<<
Buy around : 15478.0 StopLoss below : 15379.0 for Target : 15638.2 - 15737.2
&
Sell around : 15082.0 StopLoss above : 15181.0 for Target : 14921.8 - 14822.8

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


CPO
PCP : 554.3
Daily Trend
Pivot Point : 556.9

Support : 549.8
Short BreakOut : 545.2
Trgt : 537.9 - 533.3
&
Resistance : 558.8
Long BreakOut : 563.4
Trgt : 570.7 - 575.3

Expected Range
544 -  560
>>---<>---<<

CPO
>>--- In the Range ---<<
Buy around : 549.8 - 547.5 StopLoss below : 545.2 for Target : 552.8 - 557.3 - 558.8
&
Sell around : 558.8 - 561.1 StopLoss above : 563.4 for Target : 555.8 - 551.3 - 549.8

>>--- If BreakOut ---<<
Buy around : 563.4 StopLoss below : 558.8 for Target : 570.7 - 575.3
&
Sell around : 545.2 StopLoss above : 549.8 for Target : 537.9 - 533.3

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


MENTHAOIL
PCP : 1237.1
Daily Trend
Pivot Point : 1234.9

Support : 1225.6
Short BreakOut : 1214.2
Trgt : 1195.6 - 1184.1
&
Resistance : 1248.6
Long BreakOut : 1260.0
Trgt : 1278.6 - 1290.1

Expected Range
1225 -  1267
>>---<>---<<

MENTHAOIL
>>--- In the Range ---<<
Buy around : 1225.6 - 1219.9 StopLoss below : 1214.2 for Target : 1233.3 - 1244.7 - 1248.6
&
Sell around : 1248.6 - 1254.3 StopLoss above : 1260.0 for Target : 1240.9 - 1229.5 - 1225.6

>>--- If BreakOut ---<<
Buy around : 1260.0 StopLoss below : 1248.6 for Target : 1278.6 - 1290.1
&
Sell around : 1214.2 StopLoss above : 1225.6 for Target : 1195.6 - 1184.1

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


POTATO
PCP : 1065.9
Daily Trend
Pivot Point : 1063.7

Support : 1061.8
Short BreakOut : 1057.7
Trgt : 1051.1 - 1047.0
&
Resistance : 1070.0
Long BreakOut : 1074.1
Trgt : 1080.7 - 1084.8

Expected Range
1061 -  1075
>>---<>---<<

POTATO
>>--- In the Range ---<<
Buy around : 1061.8 - 1059.8 StopLoss below : 1057.7 for Target : 1064.5 - 1068.6 - 1070.0
&
Sell around : 1070.0 - 1072.0 StopLoss above : 1074.1 for Target : 1067.3 - 1063.2 - 1061.8

>>--- If BreakOut ---<<
Buy around : 1074.1 StopLoss below : 1070.0 for Target : 1080.7 - 1084.8
&
Sell around : 1057.7 StopLoss above : 1061.8 for Target : 1051.1 - 1047.0

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


POTATOTRWR
PCP : 925.9
Daily Trend
Pivot Point : 925.3

Support : 921.0
Short BreakOut : 916.1
Trgt : 908.1 - 903.2
&
Resistance : 930.8
Long BreakOut : 935.7
Trgt : 943.7 - 948.6

Expected Range
921 -  939
>>---<>---<<

POTATOTRWR
>>--- In the Range ---<<
Buy around : 921.0 - 918.5 StopLoss below : 916.1 for Target : 924.3 - 929.2 - 930.8
&
Sell around : 930.8 - 933.3 StopLoss above : 935.7 for Target : 927.5 - 922.6 - 921.0

>>--- If BreakOut ---<<
Buy around : 935.7 StopLoss below : 930.8 for Target : 943.7 - 948.6
&
Sell around : 916.1 StopLoss above : 921.0 for Target : 908.1 - 903.2

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

>>--- Follow the Trend --- Trend is your Friend ---<<
Posted by Lalit Jain at Monday, June 04, 2012

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