how much return you expect from commodity market

[cotton]

Lead Long @ 104

 

[ashwani chadha]

Lead Long @ 104

dear cotton,if you are long at 104/- then you can hold it with eod stop loss as given by me but if closing come below eod stop loss to day sharp 11.25 then you should square up

 

[ashwani chadha]

nifty has opened gap up to day
this is sign of temporary strong ness in a week trend
these type of temporary strong ness are utilised to go short from resistance
to day six hour resistance leval is 5143 at present
and yesterday eod resistance leval was 5211
it means we can go short from six hour resistance with a stop loss of eod resistance
this is the safest risk reward place to go short
use your own discretion before taking actual position

there was a clear cutt fall from 5180 leval to5030 leval app 150 points
to day gap up opening,and strongness in the morning which nifty is showing, is a part of correction of 150 point fall.
from 5030 to 5080 leval correction are being taken by intraday day traders.
our six hour resistance is app 5130(tentative)so one can take his decision accordingly(WE SHOULD UNDER STAND THAT CORRECTION CAN TOUCH SIX HOUR RESISTANCE WHICH IS 5130)
please use your own discretion before doing actual trading

 

[ashwani chadha]

there was a clear cutt fall from 5180 leval to5030 leval app 150 points
to day gap up opening,and strongness in the morning which nifty is showing, is a part of correction of 150 point fall.
From 5030 to 5080 leval correction are being taken by intraday day traders.
Our six hour resistance is app 5130(tentative)so one can take his decision accordingly(we should under stand that correction can touch six hour resistance which is 5130)
please use your own discretion before doing actual trading

one hour atr is 24 app at present,so if some one goes short from 5130 then his stop loss will be four atr that 24x4= app 100 points so stop loss for short around 5130 will be 5230
use your own discretion before taking actual position.this is just my opinion not a tip

 

[ashwani chadha]

dear cotton,if you are long at 104/- then you can hold it with eod stop loss as given by me but if closing come below eod stop loss to day sharp 11.25 then you should square up

consolidation which was going on in lead/zink since last two to three days,it looks it is over to day and both lead and zink should resume their long trend to day

 

[ashwani chadha]

consolidation which was going on in lead/zink since last two to three days,it looks it is over to day and both lead and zink should resume their long trend to day

if intra day trader has taken short in nifty around 5120/-then he should cover his short around 5070 after taking 50 points,in intraday 50 point move is sufficient

 

[cotton]

consolidation which was going on in lead/zink since last two to three days,it looks it is over to day and both lead and zink should resume their long trend to day

Yes ashwani...Alumini does not seem to be working well....also its price movements are very limited...so I had exited from it yesterday...

 

[cotton]

SL Zinc : 96.60
SL Lead : 106.20

 

[ashwani chadha]

there was a clear cutt fall from 5180 leval to5030 leval app 150 points
to day gap up opening,and strongness in the morning which nifty is showing, is a part of correction of 150 point fall.
from 5030 to 5080 leval correction are being taken by intraday day traders.
our six hour resistance is app 5130(tentative)so one can take his decision accordingly(WE SHOULD UNDER STAND THAT CORRECTION CAN TOUCH SIX HOUR RESISTANCE WHICH IS 5130)
please use your own discretion before doing actual trading

now intra day trader must close their short in nifty around 5060 leval,no second thought for intra day trader

 

[ashwani chadha]

Yes ashwani...Alumini does not seem to be working well....also its price movements are very limited...so I had exited from it yesterday...

at six hour it is on the short side at present and from yesterday also,so long was required to be closed yesterday