how much return you expect from commodity market

[cotton]

Ashwani what is your take at these levels...got long at 20235 but it seems my calculation got wrong..should I book loss and come out just hold it for some more days...

Thanks

 

[ashwani chadha]

to day gold was weak over all it is weak but for tommorow above 20200/ it is strong so once at break even trail your stop loss on upper side after every 10 point to have some profit at present lead zink copper nickel are strong, i recomended copper on sunday go through my case three on copper to day it gained 7000/

 

[ashwani chadha]

go their my reply no 53 on copper

 

[ashwani chadha]

To day was a highly voletile day but at the end copper looks to be quite week nickle is still looks to be strong and be care full from zink and lead they can take turn any side

 

[sumeetsj]

avoid taking short positions in commodity market till you are not mature trader ,reason here is risk involved in going short is three time more then going long ,secondly we are 20 time leveraged, so due to high risk& leverage,during going short & a small mistake on our part, will kill our capital very fast

Thanks Ashwaniji for this type of insight.
I hope its clear to everyone by now with the bull run in Silver.
Its just made a life time high of 47859.
Hence shorting without a perspective is dangerous.

 

[ashwani chadha]

out of the nine commodities 5 -non precious metal /2-precious metal /2-oil &gas sector,i feel at present silver is in confirmed long trend/n,gas is in confirmed short trend ,rest seven are in range bound mode at end of day basis. BEST OF LUCK FOR MONDAY.

 

[ashwani chadha]

If some one is trading in nifty/ bank nifty ,then behaviour which these two has shown on friday,it was some what semi correction,so as a result,on monday either correction may strat or it can resume its long trend, so be care full while taking position,let the trend define it self ,before you take risk. Best of luck for monday.

 

[cotton]

Ashwani where is silver heading..I took silver at around 50600 levels of April...should hold or exit and get again at lower levels...

 

[cotton]

Ashwani where is silver heading..I took silver at around 50600 levels of April...should hold or exit and get again at lower levels...

Squared at 51000 levels and shorted silver at same levels...i don't expect the trend to continue upward as previously also it has shown resistance at these levels..

 

[ashwani chadha]

pivot point support system/lower support system,dear cotton ,i would like to tell you that when any commodity is in long term bull trend as silver is at present,it will never break its lower support,lower support of silver on saturday was49102, which is also eod stop loss,during correction move will reverse from its pivot point support on saturday pivet point support was eod 49685, for monday pivot point support will be app.49800, this is the last point below which silver is not expected to go below,dont play short positions with silver,do short covering as and when earliest possible thanks