Thursday 6 September 2012

MCX Metal traing guide for 6th September


The  MCX  traders can utilize the below mentioned chart for trading on 6th Thursday


R3
R2
R1
Pivot
S1
S2
S3
ALUMINI
112.25
110.90
110.10
108.75
107.95
106.60
105.80
CRUDEOIL
5419.67
5382.33
5354.67
5317.33
5289.67
5252.33
5224.67
GOLDGUINEA
25320.00
25274.00
25228.00
25182.00
25136.00
25090.00
25044.00
GOLDM
31563.00
31513.00
31400.00
31350.00
31237.00
31187.00
31074.00
GOLDPETAL
3174.67
3168.33
3161.67
3155.33
3148.67
3142.33
3135.67
LEADMINI
115.75
114.35
113.55
112.15
111.35
109.95
109.15
MENTHAOIL
1381.00
1375.00
1366.10
1360.10
1351.20
1345.20
1336.30
NATURALGAS
164.37
162.73
159.87
158.23
155.37
153.73
150.87
NICKELM
918.37
911.13
906.47
899.23
894.57
887.33
882.67
SILVER
60706.00
60742.00
60127.00
60163.00
59548.00
59584.00
58969.00
ZINCMINI
107.07
106.23
105.62
104.78
104.17
103.33
102.72


The spread gap is now 6.65 and its declining. We  should be able to form a Bull Spread if we carefully analyze the price movements and the trend. If opportunities arise I shall post it here.

Happy trading to all!!

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