how much return you expect from commodity market

[ashwani chadha]

gold is at present in correction of long move,so showing weakness.but ultimately it should divert towards long side at present both long and short side are risky

at present maximum risk is while taking position in silver--at present trend of silver is not at all clear--although it is showing over all weakness---but it gives jump on the long side of 1000 points again and again-so i think small investers should stay away from silver for few days

 

[ashwani chadha]

at present maximum risk is while taking position in silver--at present trend of silver is not at all clear--although it is showing over all weakness---but it gives jump on the long side of 1000 points again and again-so i think small investers should stay away from silver for few days

NIFTY IS AT PRESENT IN CLEAR SHORT TREND---DURING INTRA DAY MOVES,WHEN NIFTY TAKES JUMP ON UP SIDE--SOME WHERE AROUND 5143 LEVAL WITH A STOP LOSS OF 5211---ONE CAN TAKE SHORT FOR NEXT FEW DAYS--AS THESE ARE MATHEMATICAL RESISTANCE(5211) AND PIVOT RESISTANCE(5143) DATA BASED ON FRIDAY CLOSING-TENTATIVE TUESDAY LEVAL WILL BE APP 25 POINT BELOW THESE LEVAL --SO ONE CAN TAKE IN TO ACCOUNT THOSE 25 POINTS ,WHILE TAKING ACTUAL SHORT POSITION IN NIFTY-one should use his own discretion,while taking decision

 

[ashwani chadha]

all base metal pack which include copper/nickel/lead/zink/aluminium--is on reversal from short to long side-with in two to three days they should reach in clear long trend

if we are long in any of the three mini lots of base metal pack then we should try to save our long in these mini lots on end of day basis
one:if tuesday closing of zink long comes below 96/80,then we will close our long at sharp 11.25 at night,other wise we will carry position for next day
two:if tuesday closing of lead comes below 105/60,then we will close our long at 11.25 sharp tuesday night ,other wise we will carry long for next day
three:if alumini closing comes below 107/60 then we will close long at 11.25 sharp tuesday night ,other wise carry long for next day
please use your own discretion,before taking final decision.

 

[Klewtar]

Since the markets are closed for independance day, I'm using http://www.kitcometals.com/charts/Lead.html to track international lead prices.

@Ashwani, it seems very unlikely for lead to reach 105.60 on Tuesday (commodity trading is new to me and it seems that an Rs 6 rise in 2 days may not happen.) I have been thinking of keeping my long until Rs 120 or at least Rs 115.

 

[ashwani chadha]

Since the markets are closed for independance day, I'm using http://www.kitcometals.com/charts/Lead.html to track international lead prices.

@Ashwani, it seems very unlikely for lead to reach 105.60 on Tuesday (commodity trading is new to me and it seems that an Rs 6 rise in 2 days may not happen.) I'm thinking of holding my long until Rs 120 or at least Rs 115.

dear klewtar:it looks you are some where confused in reading my post
i no where said that there will be rise of Rs 6/- in lead on tuesday,but sharp 11.25 pm is the time, when we have to triger our stop loss,if price is below our stop loss leval,i have given stop loses off all the three,in case of worse happens,to protect our capital
I THANK YOU VERY MUCH FOR PROVIDING,THIS SITE OF KITCOMETALS.COM,
I NEVER USED THESE SITES FOR TRADING,AS MY ALL DECISIONS ARE BASED ON TECHNICALS.
IN TECHNICALS WE JUST CONCENTRATE ON LAST TICK POSITION AS COMPARE TO OUR SUPPORT OR RESISTANCE
IF IMPACT OF THESE INTERNATIONAL NEWS WILL COME AT INDIAN COMMODITY MARKETS
THEN OUR PRICES WILL REFLFECT THAT IMPACT AND WE WILL TAKE DECISIONS ACCORDINGLY
BUT I WILL BE OBLIGED,IF YOU CAN EXPLAIN,HOW YOU WILL UTLISE THE ABOVE KITCO METAL INFORMATION,BOR THE BENIFIT OF YOUR TRADING DECISION
AND I WILL BE OBLIGED,IF YOU CAN EXPLAIN,HOW YOU WILL CONVERT THESE RATES TO INDIAN RS
THANKS IN ADVANCE

 

[ashwani chadha]

dear klewtar:it looks you are some where confused in reading my post
i no where said that there will be rise of rs 6/- in lead on tuesday,but sharp 11.25 pm is the time, when we have to triger our stop loss,if price is below our stop loss leval,i have given stop loses off all the three,in case of worse happens,to protect our capital
i thank you very much for providing,this site of kitcometals.com,
i never used these sites for trading,as my all decisions are based on technicals.
In technicals we just concentrate on last tick position as compare to our support or resistance
if impact of these international news will come at indian commodity markets
then our prices will reflfect that impact and we will take decisions accordingly
but i will be obliged,if you can explain,how you will utlise the above kitco metal information,bor the benifit of your trading decision
and i will be obliged,if you can explain,how you will convert these rates to indian rs
thanks in advance

our commodity market is closed since last app 40 hours
these kitco charts are showing rise in price of various commodities in last 24 hours
we can not utilise this information for our benifit
but if there is some system with which we can know that once our market closed on sat 2 pm from that to when tommorow at 10 am when our markets will open.
In this period what is the rise or fall in the prices of various commodities.
Then we can utilise this information for our benifit
dear klewtar:if you have some information on my above query and if you share it with me
i will be obliged

 

[ashwani chadha]

our commodity market is closed since last app 40 hours
these kitco charts are showing rise in price of various commodities in last 24 hours
we can not utilise this information for our benifit
but if there is some system with which we can know that once our market closed on sat 2 pm from that to when tommorow at 10 am when our markets will open.
In this period what is the rise or fall in the prices of various commodities.
Then we can utilise this information for our benifit
dear klewtar:if you have some information on my above query and if you share it with me
i will be obliged

AS FOR AS YOUR TARGET OF LEAD 115 TO 120 LEVAL,THESE ARE VIABLE LEVALS,SO YOU CAN EXPECT TO ACHIEVE THESE LEVALS BY THE END OF THIS MONTH !!!!!!i am also holding lead with the same target which you are expecting

 

[Klewtar]

@Ashwani, I am new and half the time am confused since I don't have enough experience. When I looked at 6 month charts, I realised that Lead rising to Rs115 is not something that I can be certain. Your last post gives me more confidence that Lead may reach Rs 115 by End Of Month.

I provided the chart link so that the price movement (rising or lowering) of Lead can be tracked even when the MCX is closed. I have yet to see how to convert dollars to rupees for the international charts. Most I've noticed is that $1.075/lb is similar to Rs 108 for lead on MCX.

 

[Klewtar]

our commodity market is closed since last app 40 hours
these kitco charts are showing rise in price of various commodities in last 24 hours
we can not utilise this information for our benifit
but if there is some system with which we can know that once our market closed on sat 2 pm from that to when tommorow at 10 am when our markets will open.
In this period what is the rise or fall in the prices of various commodities.
Then we can utilise this information for our benifit
dear klewtar:if you have some information on my above query and if you share it with me
i will be obliged

@Ashwani, the live pricing of Lead on international markets is http://www.kitcometals.com/charts/Lead.html

I had used http://www.kitcometals.com/charts/Zinc.html for tracking Zinc and it was very similar in movement to Indian markets.

While not perfect, I can at least know whether prices have risen or fallen during MCX closing hours. MCX opens at 00:30 on Kitco charts and I think MCX closes at 13:00 on Kitco/NY time.

 

[ashwani chadha]

AS FOR AS YOUR TARGET OF LEAD 115 TO 120 LEVAL,THESE ARE VIABLE LEVALS,SO YOU CAN EXPECT TO ACHIEVE THESE LEVALS BY THE END OF THIS MONTH !!!!!!i am also holding lead with the same target which you are expecting

at present in stead concentrating on gold/silver,if you will concentrate on lead/zink/alumini you will be in more comfortable position