Adultvish MCX Trading calls

adultvish · #41 7th November 2007, 04:33 PM

Quote:

Originally Posted by srigooty

I covered short position of Dec zinc at Rs.110.8 for a loss at Rs.1/- and holding long position of nov zinc at net price of Rs.115.40. Bought copper nov contract at Rs.291.8. Hope to trade positively in this week as per ur analysis.

If zinc follows the conditions given in my previous mail, which I hope it may do, then you may easily look for a price of 117-118 in next couple of weeks.

As far as, Copper is concerned, it is again very hasty decision to buy at this stage. Anyway, be careful and place your stop loss in copper position in case it fails. If your decision works, you can have a target of 302-301 within 5-6 working days.

sudoku1 · #42 7th November 2007, 09:50 PM

Quote:

Originally Posted by adultvish

If zinc follows the conditions given in my previous mail, which I hope it may do, then you may easily look for a price of 117-118 in next couple of weeks.

As far as, Copper is concerned, it is again very hasty decision to buy at this stage. Anyway, be careful and place your stop loss in copper position in case it fails. If your decision works, you can have a target of 302-301 within 5-6 working days.

copper will be down at 280 level

adultvish · #43 8th November 2007, 06:08 AM

Quote:

Originally Posted by sudoku1

copper will be down at 280 level

Yes, 273 is a very strong support.

amit_sabby · #44 10th November 2007, 01:57 PM

Quote:

Originally Posted by adultvish

Hello Srigooty,

Hope this finds you in good health and spirits. And I also hope that you may be reading the message early in this morning.

The zinc perhaps taken strong support and consolidating reasonably. For confirmation of its support and bullish trend, Nov zinc contract,

should not trade at or below 109.20 on 7th Nov 2007
should not trade at or below 110.20 on 8th Nov 2007

There should be good volumes

If it trades and closes above 114, it will be giving 80 percent confirmation of the bullish trend. But remember, it will only be appropriate to decide after todays trading i.e. the closing point of today is very likely to decide whether it will be continuing in the bullish zone or otherwise.

Happy trading.

You can watch for Lead Nov Contract. As such the Risk is equal to Reward, I have neither entered the contract nor given any call, but there are 90 percent chances of Lead Nov going at/around 151-153 by the end of this week. Please do not enter it, just watch for fun.

Nickel is going to provide a good technical break-out within next couple of days.

Happy trading.....

dear adultvish

i want some technical help from ur side on zinc
i had short sell nov contract at 108.15 as i believe soon it is going to breach its all time low of 106.20 and it can go nearing 100.00-104.00

whats ur bet on that?
should i exit from my position and reverse it or should i hedge it at 110.25 in dec contract.
also plz tell me any website where i can get live data/charts rates of LME zinc like kitco.com for silverand gold.

amit_sabby · #45 10th November 2007, 02:23 PM

Quote:

Originally Posted by adultvish

Hello Srigooty,

Hope this finds you in good health and spirits. And I also hope that you may be reading the message early in this morning.

The zinc perhaps taken strong support and consolidating reasonably. For confirmation of its support and bullish trend, Nov zinc contract,

should not trade at or below 109.20 on 7th Nov 2007
should not trade at or below 110.20 on 8th Nov 2007

There should be good volumes

If it trades and closes above 114, it will be giving 80 percent confirmation of the bullish trend. But remember, it will only be appropriate to decide after todays trading i.e. the closing point of today is very likely to decide whether it will be continuing in the bullish zone or otherwise.

Happy trading.

You can watch for Lead Nov Contract. As such the Risk is equal to Reward, I have neither entered the contract nor given any call, but there are 90 percent chances of Lead Nov going at/around 151-153 by the end of this week. Please do not enter it, just watch for fun.

Nickel is going to provide a good technical break-out within next couple of days.

Happy trading.....

dear adultvish

i want ur technical help in zinc.
i had short sell nov zinc at 108.15 as i strongly believe that zinc will breach its all time low of 106.20. but at present its fluctuating very much on 8th nov it traded from 106.95 to 110.40 but closed at 109.20 and again today on 10th nov it closed at 108.60 after more fluctions upside down.
what you suggest should i exit at this point and reverse my position as u are sitting bullish on zinc OR should i hedge dec zinc at 110.25 to be on safer side.
also plz suggest any source for live charts or rates of lme zinc. like kitco for gold and silver.
my observation says zinc bearish upto 104.00 or even go more down further upto 100.00 if first TP achieved.

saheer · #46 10th November 2007, 05:28 PM

[quote=adultvish;120481]Hello Dear Friends

For the last couple of months, I have been trying my hand on MCX commodities namely Silver, Lead, Zinc, Copper and Nickel.
I would like to submit my analysis for your comments.

Trading Call for Nickel

Close on 11.10.2007 - 1265.30
Stop Loss - 1237
First Target - 1337
Second Target - 1339
Target is likely to be achieved in 7-8 working days.

saheer · #47 10th November 2007, 05:30 PM

gold trend

ramarao · #48 10th November 2007, 05:43 PM

hai,i am new for this community

ramarao · #49 10th November 2007, 05:47 PM

dear adultvish plz suggest about silver position.plz provude silver shortterm call

adultvish · #50 10th November 2007, 07:29 PM

Quote:

Originally Posted by amit_sabby

dear adultvish

Dear Amit
Please read my comments appended below in your message.

i want some technical help from ur side on zinc
i had short sell nov contract at 108.15 as i believe soon it is going to breach its all time low of 106.20 and it can go nearing 100.00-104.00

Yes, there are chances of its touching 101-100. But please understand the fact that it is still in consolidation phase and can give a break-out on either side because the volumes are not coming.

whats ur bet on that?
should i exit from my position and reverse it or should i hedge it at 110.25 in dec contract.
Well, personally I will not suggest hedging at this stage, though you can keep a stop loss of 113.50

also plz tell me any website where i can get live data/charts rates of LME zinc like kitco.com for silverand gold.

I use MCX daily bhav-copy for charting.