Manish Damani

[MANISH_DAMANI]

selling 6 lots 5254 sl 5257

 

[MANISH_DAMANI]

increasing sl to 5261

 

[MANISH_DAMANI]

sl hit 42 points gone. 4 lots intact.

 

[MANISH_DAMANI]

selling again 6 lots 5261

 

[MANISH_DAMANI]

booking 6 lots at 5257

 

[MANISH_DAMANI]

coverred 24 points from 42 points.

 

[MANISH_DAMANI]

Net loss per lot is 32.5 points. Total 138 points of loss .so let see tomorrow is imp day $98 or $95-94. if 5170 then 372 points profit -138 points loss of today as per closing. Profit of 234 points. Brokerage I have not considered it gross. As my brokerage is low approx 80-100 points total expecting in last 2 days inclusive of today. Tomorrow day is left so profit increasing chance will increase also. So let see.

 

[MANISH_DAMANI]

carried 4 lots

 

[MANISH_DAMANI]

Lead is holding its support at Lme $2155 in weakly and daily chart.Sir I am feeling bearish. Now 117.20 is one support but rs/$ is strong so more down side possi. if breaks is 117.20. Support is at 114.85/114.7/112.20/107.7/102.25.200 ema resistance at 120.05. other resistance at 119.1/121.4/122.25. So take exit decision based on analysis and observation and using your wisdom.All base metals are weak.:thumb:

Lead made a low of 113.35. First 2 tragets achieved. :thumb:

 

[MANISH_DAMANI]

If zinc breaks 104 then sell it for the target of rs 100.40/98.95/96.3.Reason already trading below 200 ema in weekly chart/daily chart.SL will be 105.65 (200ema weekly chart).But trade with precaution as in oversold zone. 104 is very important crucial specially in closing basis.Trading below weakly support of $ 1966.50.One small support at $ 1928 if that breaks then $1812.5 seems next support in chart. Chinkou SPan is below cloud in LME daily chart.Resitance at $2011.30. So let see how prediction goes this time. RS 104 breaks with momentum then short.That time your wisdom required.

Zinc has made a ,low of 101.3. Trying to hold 102. So let see 1st target will achieve or not.:thumb: