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

20 November 2012

MCX IntraDay & Positional Trend - 20Nov2012


Focus ComTrendz
>>--< Intraday & Positional >--<<

ALUMINIUM
Hold Long Position given @ 101.85
PCP : 107.9
Daily Trend
Pivot Point : 107.5

Support : 107.5
Short BreakOut : 107.0
Trgt : 106.4 - 105.9
&
Resistance : 108.3
Long BreakOut : 108.8
Trgt : 109.4 - 109.9

Expected Range
107 -  109
>>---<>---<<

ALUMINIUM
>>--- In the Range ---<<
Buy around : 107.5 - 107.3 StopLoss below : 107.0 for Target : 107.8 - 108.2 - 108.3
&
Sell around : 108.3 - 108.5 StopLoss above : 108.8 for Target : 108.0 - 107.6 - 107.5

>>--- If BreakOut ---<<
Buy around : 108.8 StopLoss below : 108.3 for Target : 109.4 - 109.9
&
Sell around : 107.0 StopLoss above : 107.5 for Target : 106.4 - 105.9

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


BRCRUDEOIL
Hold Long Position given @ 5824
PCP : 6142
Daily Trend
Pivot Point : 6111

Support : 6112
Short BreakOut : 6082
Trgt : 6034 - 6004
&
Resistance : 6171
Long BreakOut : 6201
Trgt : 6249 - 6279

Expected Range
6092 -  6200
>>---<>---<<

BRCRUDEOIL
>>--- In the Range ---<<
Buy around : 6112 - 6097 StopLoss below : 6082 for Target : 6132 - 6161 - 6171
&
Sell around : 6171 - 6186 StopLoss above : 6201 for Target : 6151 - 6122 - 6112

>>--- If BreakOut ---<<
Buy around : 6201 StopLoss below : 6171 for Target : 6249 - 6279
&
Sell around : 6082 StopLoss above : 6112 for Target : 6034 - 6004

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


COPPER
Hold Long Position given @ 416.2
PCP : 427
Daily Trend
Pivot Point : 425.7

Support : 425.2
Short BreakOut : 423.5
Trgt : 420.6 - 418.8
&
Resistance : 428.8
Long BreakOut : 430.5
Trgt : 433.4 - 435.2

Expected Range
424 -  431
>>---<>---<<

COPPER
>>--- In the Range ---<<
Buy around : 425.2 - 424.3 StopLoss below : 423.5 for Target : 426.4 - 428.2 - 428.8
&
Sell around : 428.8 - 429.7 StopLoss above : 430.5 for Target : 427.6 - 425.8 - 425.2

>>--- If BreakOut ---<<
Buy around : 430.5 StopLoss below : 428.8 for Target : 433.4 - 435.2
&
Sell around : 423.5 StopLoss above : 425.2 for Target : 420.6 - 418.8

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


CRUDEOIL
Hold Long Position given @ 4609
PCP : 4934
Daily Trend
Pivot Point : 4906

Support : 4907
Short BreakOut : 4880
Trgt : 4837 - 4810
&
Resistance : 4960
Long BreakOut : 4987
Trgt : 5030 - 5057

Expected Range
4889 -  4986
>>---<>---<<

CRUDEOIL
>>--- In the Range ---<<
Buy around : 4907 - 4894 StopLoss below : 4880 for Target : 4925 - 4951 - 4960
&
Sell around : 4960 - 4974 StopLoss above : 4987 for Target : 4942 - 4916 - 4907

>>--- If BreakOut ---<<
Buy around : 4987 StopLoss below : 4960 for Target : 5030 - 5057
&
Sell around : 4880 StopLoss above : 4907 for Target : 4837 - 4810

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


GOLD
Hold Long Position given @ 30498
PCP : 31695
Daily Trend
Pivot Point : 31686

Support : 31657
Short BreakOut : 31620
Trgt : 31560 - 31523
&
Resistance : 31732
Long BreakOut : 31769
Trgt : 31829 - 31866

Expected Range
31655 -  31790
>>---<>---<<

GOLD
>>--- In the Range ---<<
Buy around : 31657 - 31639 StopLoss below : 31620 for Target : 31682 - 31719 - 31732
&
Sell around : 31732 - 31750 StopLoss above : 31769 for Target : 31707 - 31670 - 31657

>>--- If BreakOut ---<<
Buy around : 31769 StopLoss below : 31732 for Target : 31829 - 31866
&
Sell around : 31620 StopLoss above : 31657 for Target : 31560 - 31523

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


LEAD
Hold Long Position given @ 109.2
PCP : 120.55
Daily Trend
Pivot Point : 120.3

Support : 120.2
Short BreakOut : 119.9
Trgt : 119.3 - 119.0
&
Resistance : 120.9
Long BreakOut : 121.2
Trgt : 121.8 - 122.1

Expected Range
120 -  121
>>---<>---<<

LEAD
>>--- In the Range ---<<
Buy around : 120.2 - 120.0 StopLoss below : 119.9 for Target : 120.4 - 120.8 - 120.9
&
Sell around : 120.9 - 121.1 StopLoss above : 121.2 for Target : 120.7 - 120.3 - 120.2

>>--- If BreakOut ---<<
Buy around : 121.2 StopLoss below : 120.9 for Target : 121.8 - 122.1
&
Sell around : 119.9 StopLoss above : 120.2 for Target : 119.3 - 119.0

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


NATURALGAS
Hold Long Position given @ 192.3
PCP : 206.3
Daily Trend
Pivot Point : 207.8

Support : 204.6
Short BreakOut : 202.9
Trgt : 200.1 - 198.4
&
Resistance : 208.0
Long BreakOut : 209.7
Trgt : 212.5 - 214.2

Expected Range
203 -  209
>>---<>---<<

NATURALGAS
>>--- In the Range ---<<
Buy around : 204.6 - 203.7 StopLoss below : 202.9 for Target : 205.7 - 207.4 - 208.0
&
Sell around : 208.0 - 208.9 StopLoss above : 209.7 for Target : 206.9 - 205.2 - 204.6

>>--- If BreakOut ---<<
Buy around : 209.7 StopLoss below : 208.0 for Target : 212.5 - 214.2
&
Sell around : 202.9 StopLoss above : 204.6 for Target : 200.1 - 198.4

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


NICKEL
Hold Long Position given @ 864.2
PCP : 898.6
Daily Trend
Pivot Point : 894.2

Support : 893.9
Short BreakOut : 889.3
Trgt : 881.7 - 877.0
&
Resistance : 903.3
Long BreakOut : 907.9
Trgt : 915.5 - 920.2

Expected Range
891 -  908
>>---<>---<<

NICKEL
>>--- In the Range ---<<
Buy around : 893.9 - 891.6 StopLoss below : 889.3 for Target : 897.0 - 901.7 - 903.3
&
Sell around : 903.3 - 905.6 StopLoss above : 907.9 for Target : 900.2 - 895.5 - 893.9

>>--- If BreakOut ---<<
Buy around : 907.9 StopLoss below : 903.3 for Target : 915.5 - 920.2
&
Sell around : 889.3 StopLoss above : 893.9 for Target : 881.7 - 877.0

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


SILVER
Hold Long Position given @ 57599
PCP : 61597
Daily Trend
Pivot Point : 61409

Support : 61402
Short BreakOut : 61207
Trgt : 60892 - 60697
&
Resistance : 61791
Long BreakOut : 61986
Trgt : 62301 - 62496

Expected Range
61280 -  61988
>>---<>---<<

SILVER
>>--- In the Range ---<<
Buy around : 61402 - 61305 StopLoss below : 61207 for Target : 61532 - 61726 - 61791
&
Sell around : 61791 - 61889 StopLoss above : 61986 for Target : 61661 - 61467 - 61402

>>--- If BreakOut ---<<
Buy around : 61986 StopLoss below : 61791 for Target : 62301 - 62496
&
Sell around : 61207 StopLoss above : 61402 for Target : 60892 - 60697

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


ZINC
Hold Long Position given @ 96.85
PCP : 105.45
Daily Trend
Pivot Point : 105.3

Support : 105.3
Short BreakOut : 105.1
Trgt : 104.8 - 104.6
&
Resistance : 105.6
Long BreakOut : 105.8
Trgt : 106.1 - 106.3

Expected Range
105 -  106
>>---<>---<<

ZINC
>>--- In the Range ---<<
Buy around : 105.3 - 105.2 StopLoss below : 105.1 for Target : 105.4 - 105.6 - 105.6
&
Sell around : 105.6 - 105.7 StopLoss above : 105.8 for Target : 105.5 - 105.3 - 105.3

>>--- If BreakOut ---<<
Buy around : 105.8 StopLoss below : 105.6 for Target : 106.1 - 106.3
&
Sell around : 105.1 StopLoss above : 105.3 for Target : 104.8 - 104.6

>>---<<>>---<<
Posted by Lalit Jain at Tuesday, November 20, 2012

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)