mcx commodity trading

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buy and hold nickel with sl 1150 ( closing basis) for tgt 1200/1215/1230 ++ now trading around 1171 lvls... Pick in dips with specified stoploss..
 
trading advices on april 21 2011



buy copper above 425.50 sl 423.90 tgt 426.50/427.80/429.10/430.40/431.70 +

sell copper below 423.90 sl 425.50 tgt 422.90 / 421.70/420.30/419 --

buy zincmini above 104.50 sl 103.70 tgt 105/105.60/106.30/106.90 +

sell zincmini below 103.70 sl 104.50 tgt 103.20/102.60/102/101.30 --

buy crudeoil above 4953 sl 4942 tgt 4960/4969/4978/4986/4995 ++

sell crudeoil below 4942 sl 4953 tgt 4936/4928/4918/4909 --



wait for 5 to 10mts after mkt opening to trade as per above lvls...

Meanwhile i update dynamic levels...

All the best...
copper buy side hits 2nd tgt..... sell side missed 10 paisa for first tgt....... zincmini hits first tgt in buy side, sell side sl hit........ crude oil hits all tgts in buy side............ :clap::clap::clap::clap::clap::clap:
 
Hi Raaja,

1. How do you calculate so many targets?
2. Which charting facility do you use? I am using ODIN.
3. Should i trade 5 min charts or not?

Kamlesh
kamlesh,

1. i use trendline to finding out levels

2. for eod i use amibroker, for realtime i use mcxactmini and broco trader

3. don't depend on single and small time frame... use multiple time frames, like 5 -15, 15-60, 60-240 minutes time frames..
 
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