Adultvish MCX Trading calls

adultvish · #11 31st October 2007, 03:15 PM

Quote:

Originally Posted by adultvish

Silver-Dec contract can be entered for a target of around 20007 with a stop loss of 18684. The stop loss can be trailed to 460 in case of abnormal downward fall.
Try your luck on my call or can check it on paper trade....!!!
Happy Trading

It appears from the remarks that someone has misunderstood the trading calls given overhere.
For clarfication it is submitted that my calls are not for intraday trading.
Further, As has been explained that the stop loss can be trailed to 460, therefore, no need for any kinda panic.
The call had been based upon technical analysis which ensures the strength.
Even then, if some-one has a doubt, it will be cleared by the end of this week, when you can see the prices of silver going up.

adultvish · #12 31st October 2007, 04:53 PM

4.51 PM dated 31.10.2007
Silver prices are likely to pick up good speed.
Sellers started feeling discouraged.
Movement is slow.
Appears that within next 2 hours, there may be a very sharp and volatile movement. And chances of movement being bullish are 90 per cent.
Enjoy...!!!

adultvish · #13 31st October 2007, 05:11 PM

Quote:

Originally Posted by adultvish

4.51 PM dated 31.10.2007
Silver prices are likely to pick up good speed.
Sellers started feeling discouraged.
Movement is slow.
Appears that within next 2 hours, there may be a very sharp and volatile movement. And chances of movement being bullish are 90 per cent.
Enjoy...!!!

It has occured, just within 18 minutes of post. Silver prices had a raise of 100 rupees.

Another tip for silver -
Expect a very good rally if MCX METAL index operates above 2610.75. Right now it is 2609.04.

adultvish · #14 31st October 2007, 07:19 PM

I think, I can expect a good reputation and favorable remarks for this.
Silver touched 18975 and at present trading at 18930.
At the time of call the price was below 18800.

And of course, this can not be a Tukka as such other metals viz. zinc, nickel, copper, natural gas, crude are still trading in negatives

srigooty · #15 31st October 2007, 07:22 PM

zinc has gone down as expected by you, but copper has improved from yesterday's position. whether copper would fall further? and also zinc?

adultvish · #16 31st October 2007, 08:38 PM

Quote:

Originally Posted by srigooty

zinc has gone down as expected by you, but copper has improved from yesterday's position. whether copper would fall further? and also zinc?

Copper denoted a bearish signal yesterday for a target of 295. Stop loss is
306.70 i.e. if it closes above 306.70, the stop loss will be triggered, otherwise, I will be bearish on it. At 298, there is some support for it.

Zinc has a target of 110. And after that, it has to be observed for one week or so for depicting its next movement.

Let us see, how it comes up..?
Personally, I am quite bearish on Copper till it reaches 298-295.

Note- these calls are not for intraday. The technical break-out may take 5-7 working days to show its result.

srigooty · #17 31st October 2007, 08:48 PM

does federal banks decision tonight on interest rates has any impact on base metals?

adultvish · #18 31st October 2007, 08:50 PM

20.49 PM
There is likely hood of some strong and volatile movement in Silver within next 20-30 minutes. But which way it will happen can not be ascertained. Keep watching.

adultvish · #19 31st October 2007, 08:52 PM

Quote:

Originally Posted by srigooty

does federal banks decision tonight on interest rates has any impact on base metals?

Sure, it does have a strong impact.
However, I basically believe in technicals and only give 20 % weight to such things.

adultvish · #20 31st October 2007, 08:59 PM

Well, for those who believe in astrology.
From 10.20 PM to 10.30 PM today, the Moon, which specifically signifies Silver will be quite influential and positively placed. And this could result in some unexpected movements in Silver.