Monday 8 August 2016

Short term trading idea -- zinc

CMP is 152.40, go for short, quantity 1 lot, Place sl order ( buy order ) @ 154 for quantity 2 lot ( double ). If sl hit then tgt is 156 for remained 1 lot. If sl will not hit then on down side you can get 2 points.
Update 1, 8th Aug, 10.40 Pm
Zinc price is @ the same mark 152.40, nothing to update. There is risk of gap up opening or gap down opening. If it opens gap down then it will profitable for us. But it behave against the same with gap up opening we will be in loss because there is no system of gtc sl order. So only lion hearted traders hold the position, remaining traders exit cost to cost @ cmp. Thank you, good night. Jay Shriram.
Update 2, Aug 9th, 06.30 Pm
Cmp is 151.40, book complete profit & exit the trade. Profit from this trade is only 1 point. Jay Shriram.
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18 comments:

  1. Unknown8/08/2016 9:16 pm

    K sir.i wil trade according to that.thanks for guiding me

    ReplyDelete
  2. Vikas8/08/2016 10:45 pm

    Vaibhav ji your call on crude was awesome.. I need your guidance on studying a channel pattern will you guide me please

    ReplyDelete
  3. Vikas8/08/2016 10:52 pm

    My doubt is when we are trying to draw a channel on a chart. Do we need to consider only the real bodies of the candle or shadows can be considered? Im a beginner in this sir.

    ReplyDelete
    Replies
    1. vaibhav144768/08/2016 11:01 pm

      shadows ?? do you mean exponential lines ???

      Delete
    2. vaibhav144768/08/2016 11:04 pm

      if you want to say about exponential , then it should take in to account. But many times some spike high's & spike lows can be seen above resistance line or below support line. But these price entered back in the channel in very little time, here time should be considered according to hourly, daily and weekly chart basis.

      Delete
  4. Unknown8/08/2016 11:45 pm

    Just read the information in your blog it's simply amazing views you gave....is it free for everyone

    ReplyDelete
    Replies
    1. vaibhav144768/09/2016 4:48 pm

      Thanks Sneha for showing interest for this blog. I am doing this as my hobby & nothing else. It is free, no password required,

      Delete
  5. Unknown8/10/2016 9:45 pm

    Ur view is right sir.today zinc gone till 154.15.i got profit becoz of u sir.am beginner and very smal trader.thank u sir
    What wil be the next move of zinc sir?

    ReplyDelete
  6. Unknown8/10/2016 9:47 pm

    This comment has been removed by the author.

    ReplyDelete
  7. Unknown8/11/2016 5:38 pm

    Sir.can u pls suggest me trend of aluminium?

    ReplyDelete
  8. Unknown8/11/2016 5:38 pm

    This comment has been removed by the author.

    ReplyDelete
  9. Unknown10/30/2016 10:38 am

    What is the max upside for Zinc

    ReplyDelete
  10. Abhi1/30/2017 2:52 pm

    Good Information....KCTL has more than a decade of experience in Indian commodity market and providing trading solutions. I've found my answer here Karvy Commodities

    ReplyDelete
  11. PULAKESH DAS2/05/2017 9:45 pm

    this blog is very help full for all trader,pls do not stop.

    ReplyDelete
    Replies
    1. vaibhav144762/06/2017 4:27 pm

      thank you, Pulkeshdaa, my minimum expectation from this blog is that, visitors should comment below post. They can write bad or good, no matter.

      Delete
    2. vaibhav144762/06/2017 4:30 pm

      since last 2 months I didn't write any new post because I found that nobody was interested in commenting on my posts. So I think that, my posts are useless. ha ha ha .

      Delete
  12. Unknown10/13/2017 2:43 pm

    Thanks for posting "Safe Commodity Traders",your blog is really helpful for traders.I have learn more knowledge of your blogs.
    Equity Tips

    ReplyDelete

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