Stocks Commodity Research: MCX IntraDay Trend - 17Jan2012

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

17 January 2012

MCX IntraDay Trend - 17Jan2012

Focus ComTrendz

>>--< FCT >--<<

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

ALUMINIUM

PCP : 110.5

Daily Trend

Support : 110.2

Short BreakOut : 109.9

Trgt : 109.5 - 109.2

&

Resistance : 110.8

Long BreakOut : 111.1

Trgt : 111.5 - 111.8

Expected Range

110 - 111

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

COPPER

PCP : 418.6

Daily Trend

Support : 417.1

Short BreakOut : 415.5

Trgt : 413.1 - 411.6

&

Resistance : 420.1

Long BreakOut : 421.7

Trgt : 424.1 - 425.6

Expected Range

416 - 422

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

CRUDEOIL

PCP : 5,129

Daily Trend

Support : 5120

Short BreakOut : 5112

Trgt : 5099 - 5090

&

Resistance : 5137

Long BreakOut : 5146

Trgt : 5158 - 5167

Expected Range

5119 - 5149

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

GOLD

PCP : 27,484

Daily Trend

Support : 27448

Short BreakOut : 27410

Trgt : 27356 - 27321

&

Resistance : 27519

Long BreakOut : 27555

Trgt : 27611 - 27646

Expected Range

27410 - 27538

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

LEAD

PCP : 104.05

Daily Trend

Support : 103.7

Short BreakOut : 103.4

Trgt : 102.8 - 102.5

&

Resistance : 104.4

Long BreakOut : 104.7

Trgt : 105.3 - 105.6

Expected Range

104 - 105

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

NATURALGAS

PCP : 131.5

Daily Trend

Support : 130.0

Short BreakOut : 128.5

Trgt : 126.0 - 124.5

&

Resistance : 133.0

Long BreakOut : 134.5

Trgt : 137.0 - 138.5

Expected Range

128 - 134

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

NICKEL

PCP : 997.5

Daily Trend

Support : 992.1

Short BreakOut : 986.6

Trgt : 977.8 - 972.4

&

Resistance : 1002.9

Long BreakOut : 1008.4

Trgt : 1017.2 - 1022.6

Expected Range

985 - 1004

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

SILVER

PCP : 52,315

Daily Trend

Support : 52199

Short BreakOut : 52080

Trgt : 51898 - 51782

&

Resistance : 52430

Long BreakOut : 52545

Trgt : 52731 - 52847

Expected Range

52186 - 52605

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

ZINC

PCP : 100.6

Daily Trend

Support : 100.3

Short BreakOut : 100.1

Trgt : 99.7 - 99.4

&

Resistance : 100.9

Long BreakOut : 101.1

Trgt : 101.5 - 101.8

Expected Range

100 - 101

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

No comments:

Subscribe to: Post Comments (Atom)