how much return you expect from commodity market

[ashwani chadha]

Thanks .. Will short zinc on rise .. it appears to me ,to be the weakest... As aluminum might see a short covering rally any day now.. am i right please?

yes we can expect short covering in aluminum any day.although zink is still on short side,but still moving in a narrow range

 

[ashwani chadha]

Can I ask questions regarding NG and silver please?

silver was clear week,as i am not trading in n.gas and crude so i am not making any comment on these

 

[praveen taneja]

copper has also made pivot high at eod ,it is also week in my view

Copper took support exactly at lower end of broader range

Vollume was 10 times and OI down around one thirsd so not much short or long left near that point

For me its still a long near 329 with 326 sl tgt 350:thumb:

Pure tukka no TA in it so pls dont ask reason for my thinking

 

[ashwani chadha]

Copper took support exactly at lower end of broader range

Vollume was 10 times and OI down around one thirsd so not much short or long left near that point

For me its still a long near 329 with 326 sl tgt 350:thumb:

Pure tukka no TA in it so pls dont ask reason for my thinking

after closing our market yesterday at gci copper has made pivot low and now to day,copper has started trading with higher low of 3.78

 

[ashwani chadha]

Copper took support exactly at lower end of broader range

Vollume was 10 times and OI down around one thirsd so not much short or long left near that point

For me its still a long near 329 with 326 sl tgt 350:thumb:

Pure tukka no TA in it so pls dont ask reason for my thinking

dear praveen taneja,in my view
after closing our market yesterday at gci copper has made pivot low and now to day,copper has started trading with higher low of 3.7858,so to day will be wait and watch day for long in copper,if this low is not broken today in evening session,then once -next trading day (Monday) a new eod bar at gci will form then we can go long from today high made,but on Monday

 

[ashwani chadha]

where do i get gci ???

feed at Google Forex gci demo platform ,you will get site load it these are free for every body .i have also loaded like this

 

[Klewtar]

For May contracts, Lead's resistance was at 106.35, placed a market order with trigger price 106.5.

Warehouse inventory levels are very high for lead, seems that lead's price has a connection to inventory levels on kitco.

 

[whynotnaveen]

Dear ashwani sir,

I am also using GCI for commodities. Bit I dont know how to convert the price in GCI to MCX price.

For eg if silver is trading in GCI at 32 dollars how to convert it into rupees.

 

[ashwani chadha]

Dear ashwani sir,

I am also using GCI for commodities. Bit I dont know how to convert the price in GCI to MCX price.

For eg if silver is trading in GCI at 32 dollars how to convert it into rupees.

go at Google,and feeds how to convert silver price from dolor to RS
YOU WILL GET VARIOUS SITES,AFTER GOING THROUGH THESE ,YOU CAN UNDERSTAND THE DEPTH OF THIS FORMULA.YOU WILL HAVE TO CONVERT TROY ONCE TO KG AND WILL HAVE TO USE CURRENT CONVERSION RATE OF DOLLAR TO RS

 

[whynotnaveen]

thank you sir for the earnest reply.