Adultvish MCX Trading calls

#1
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.

Enjoy !!!
 
#3
There good chances of bullish movement in Silver Dec, in case it closes above 18395. The target will be 18640 and 190073. Stop loss can be maintained at 117.
 
#5
Hello SuKumar Salem
At present both gold and silver appears to be quite strong and bullish. Due to limitation of time, I can monitor only few of the commodities on daily basis, namely Silver, Nickel and Copper. Though, I also keep watch on Lead, Zinc, Crude and Natural Gas. I have observed that Silver, Copper and Nickel mostly move in trends and, therefore, it becomes easy to predict their future movements successfully.
Nickel, as has been suggested earlier, is very likely to achieve its targets of 1337 and 1399 within next couple of weeks.
The copper is range bound and should not be entered. It may give a technical break-out before 5th November 2007 and I am eagerly awaiting for the opportunity.
 
#7
Yeah, Sure....!

Zinc is in bearish range and looking for a support.
On 17.10.2007, there was a bearish technical break-out for a target of 112.50 - 110.50 following which the strong support of 115.15 had also been broken.
Even though, at present zinc is in over-sold zone, yet new entry should not be made.
The bullish trend of zinc can only be considered if it trades above 128.85
 
#10
Adultvish MCX Trading calls- Regarding Silver

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
 

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