mcx commodity trading

[k.raaja]

copper if close below 446 lvls fullly beraish till 441/436 lvls longs watch care full this lvls

 

[k.raaja]

copper if close above 450 lvls then fully postive will test new highs

 

[ashwani chadha]

NYMEX SILVER VIEW : The metal is trading within a sideways range, providing us with contrarian between momentum indicators after breaching 34.15 during this week. The trading is trending downwards to gather the required momentum to move higher. As far as the metal stabilizes above 34.15, there will be a big chance for visiting 35.10 zones, followed by 36.00 areas as seen on our provided image.

The trading range for today is among the key support at 33.60 and key resistance now at 36.00.

The general trend over short term basis is to the downside targeting 29.40 as far as areas of 35.10 remain intact with weekly closing.

FROM ONE OF TRUSTABLE SOURCE

dear k.raja, please explain how to convert 34.15 or 35.10 or 36, in indian Rs.term accuratly, by using calculater, as and when, i get a tip from uk,before opening of week or just few minute before indian commodity market are open,after receiving reply from you,i will give details regarding next week strategy which i received for next week ,from u.k based source,i never used this infomation,but now after converting it to indian RS. TERM WE WILL HAVE A BROAD IDIA FOR NEXT WEEK, GIVE EARLY REPLY THANKS

 

[rkkgs]

copper if close above 450 lvls then fully postive will test new highs

pls give ur mail id: my messnger id
rkkgs at ymail dot com

 

[k.raaja]

dear k.raja, please explain how to convert 34.15 or 35.10 or 36, in indian Rs.term accuratly, by using calculater, as and when, i get a tip from uk,before opening of week or just few minute before indian commodity market are open,after receiving reply from you,i will give details regarding next week strategy which i received for next week ,from u.k based source,i never used this infomation,but now after converting it to indian RS. TERM WE WILL HAVE A BROAD IDIA FOR NEXT WEEK, GIVE EARLY REPLY THANKS

dear ashwani chadha, in international mkts silver lot size is 5000 troy ounces

means in kgs 5000 troy ounces = 155.517384 kilograms

so, now silver trading at $35.317..

so contract size is 5000 * 35.317 = $ 176585 ( means for 155.517 kgs)

so in rupees 46.10 * 176585 = Rs. 8140568.50

so now per one kg in indian rupees = 8140568.50 / 155.517 = Rs. 52345.20 per kg


these are current dollar and silver rate coversions... in future it may vary

hope u got clearcut

all the best :clap:

 

[k.raaja]

silver has resistance at $36 so if we convert this price in our indian rupees, then it will be as follows :

36 * 5000 = $1,80,000 = Rs . 1,80,000 * 46.10 = Rs. 82,98,000 per 5000 troy ounces

and we know that 5000 troy ounces = 155.517 kgs

so per one kg it will be 82,98,000 / 155.517 per kg = Rs. 53,357.51 per kg

 

[ashwani chadha]

silver has resistance at $36 so if we convert this price in our indian rupees, then it will be as follows :

36 * 5000 = $1,80,000 = Rs . 1,80,000 * 46.10 = Rs. 82,98,000 per 5000 troy ounces

and we know that 5000 troy ounces = 155.517 kgs

so per one kg it will be 82,98,000 / 155.517 per kg = Rs. 53,357.51 per kg

i am very much thankfull to you for sending this formula,it will be of great help to me, thank you

 

[simu2004]

if we add the profit which gained previously with current proifts then

22,350 + 16000 = 38,350 rs.. :clap:

and we have used only 20 k as capital and till now we didn't take any positional trade.. if once our total profits reaches 1 lac then from there we can start to do positional trades.. :rofl: how is it less risk more gain..

if you traded with me share your experience..
[/B]

Great going Raaja...lately, I have also started trading in mini lots and for smaller profits in commodity and touchwood, its paying off so far. Earlier, I had lost quite a bit to earn bigger profits.

Could you share how do you reach support and resistance levels ? I do get these from other sites but to get these myself would give me more confidence in taking a trade.

Thanks.

 

[k.raaja]

March 07 2011... Good morning
SLIGHTLY RISKY CALL
buy copper near 449 lvls sl 447.40 tgt 450.20..451.50...452.80 cmp 449.2

 

[k.raaja]

Sell nickel below 1291 sl 1296.20 tgt 1288..1283 ..1279 cmp 1292