Dear Friends,
In this thread, I will give daily levels for MCX Commodites, Specially in Gold, Silver, Crude, Natural Gas, Copper, Nickel, Zinc, Lead, Aluminium
In these levels,
There will be 4 choice:-
Good Level to go long, Long Breakout Point, Good Level to go Short, and Short Breakout Point
Short Breakout point will be support for the day
Long Breakout point will be resistance for the day
Levels to go long and short is given on the basis of value buying concepts which is called "Buy at low and sell at high" by analysing the recent supports and resistance of the day.
The Levels given above are applicable for the whole trading day
Option 1 : Go Long at the given level and place stop loss at short breakout point
Option 2 : Buy Above Long breakout point and place stop loss at "Go Short Level"
Option 3 : Go Short at the given level and place stop loss at long breakout point
Option 4: Sell Below short breakout point and place stop loss at "Go Long level"
Before entering the trade, whether the levels given here is traded for 15 minutes or more . then , start your trading
Place target for 1000 to 1500 Rupees only per trade.
If once levels are used in a day, dont use the same level again for the day.
These levels are having highest accuracy. I am using these levels for my intraday trading also. Take your own decision after watching some days
Happy Earnings to all:thumb:
Regards
Tamil Trader
In this thread, I will give daily levels for MCX Commodites, Specially in Gold, Silver, Crude, Natural Gas, Copper, Nickel, Zinc, Lead, Aluminium
In these levels,
There will be 4 choice:-
Good Level to go long, Long Breakout Point, Good Level to go Short, and Short Breakout Point
Short Breakout point will be support for the day
Long Breakout point will be resistance for the day
Levels to go long and short is given on the basis of value buying concepts which is called "Buy at low and sell at high" by analysing the recent supports and resistance of the day.
The Levels given above are applicable for the whole trading day
Option 1 : Go Long at the given level and place stop loss at short breakout point
Option 2 : Buy Above Long breakout point and place stop loss at "Go Short Level"
Option 3 : Go Short at the given level and place stop loss at long breakout point
Option 4: Sell Below short breakout point and place stop loss at "Go Long level"
Before entering the trade, whether the levels given here is traded for 15 minutes or more . then , start your trading
Place target for 1000 to 1500 Rupees only per trade.
If once levels are used in a day, dont use the same level again for the day.
These levels are having highest accuracy. I am using these levels for my intraday trading also. Take your own decision after watching some days
Happy Earnings to all:thumb:
Regards
Tamil Trader
