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

24 January 2012

MCX IntraDay Trend - 24Jan2012



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

ALUMINIUM
PCP :  110.6
Daily Trend

Support : 110.2
Short BreakOut : 109.9
Trgt : 109.3 - 108.9
&
Resistance : 111.0
Long BreakOut : 111.3
Trgt : 111.9 - 112.3

Expected Range
110 -  111
>>---<<>>---<<


COPPER
PCP :  421.15
Daily Trend

Support : 419.0
Short BreakOut : 416.9
Trgt : 413.4 - 411.3
&
Resistance : 423.3
Long BreakOut : 425.4
Trgt : 428.9 - 431.0

Expected Range
418 -  426
>>---<<>>---<<


CRUDEOIL
PCP : 5,020
Daily Trend

Support : 4994
Short BreakOut : 4968
Trgt : 4927 - 4901
&
Resistance : 5045
Long BreakOut : 5072
Trgt : 5112 - 5138

Expected Range
4978 -  5071
>>---<<>>---<<


GOLD
PCP : 27,510
Daily Trend

Support : 27458
Short BreakOut : 27400
Trgt : 27324 - 27273
&
Resistance : 27561
Long BreakOut : 27615
Trgt : 27695 - 27746

Expected Range
27459 -  27645
>>---<<>>---<<


LEAD
PCP :  110.7
Daily Trend

Support : 109.8
Short BreakOut : 108.9
Trgt : 107.5 - 106.6
&
Resistance : 111.6
Long BreakOut : 112.5
Trgt : 113.9 - 114.8

Expected Range
109 -  113
>>---<<>>---<<


NATURALGAS
PCP :  124.5
Daily Trend

Support : 120.5
Short BreakOut : 116.5
Trgt : 110.0 - 106.0
&
Resistance : 128.5
Long BreakOut : 132.5
Trgt : 139.0 - 143.0

Expected Range
118 -  133
>>---<<>>---<<


NICKEL
PCP : 1,016.6
Daily Trend

Support : 1009.8
Short BreakOut : 1003
Trgt : 991.9 - 985.1
&
Resistance : 1023.4
Long BreakOut : 1030.5
Trgt : 1041.3 - 1048.1

Expected Range
1003 -  1028
>>---<<>>---<<


SILVER
PCP : 55,565
Daily Trend

Support : 55219
Short BreakOut : 54870
Trgt : 54313 - 53967
&
Resistance : 55910
Long BreakOut : 56260
Trgt : 56816 - 57162

Expected Range
54770 -  56028
>>---<<>>---<<


ZINC
PCP :  102.3
Daily Trend

Support : 101.8
Short BreakOut : 101.2
Trgt : 100.3 - 99.8
&
Resistance : 102.9
Long BreakOut : 103.4
Trgt : 104.3 - 104.8

Expected Range
101 -  103
>>---<<>>---<<

>>--- Follow the Trend --- Trend is your Friend ---<<
Posted by Lalit Jain at Tuesday, January 24, 2012

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