Trading guide for MCX on 13th September

Pivot points for MCX trading on 13^th September

	R3	R2	R1	Pivot	S1	S2	S3
ALUMINI	116.08	115.42	114.73	114.07	113.38	112.72	112.03
COPPERM	463.40	459.95	456.20	452.75	449.00	445.55	441.80
CRUDEOIL	5468.67	5436.33	5394.67	5362.33	5320.67	5288.33	5246.67
GOLDGUINEA	26032.67	25891.33	25733.67	25592.33	25434.67	25293.33	25135.67
GOLDM	32499.33	32314.67	32102.33	31917.67	31705.33	31520.67	31308.33
GOLDPETAL	3254.33	3240.67	3224.33	3210.67	3194.33	3180.67	3164.33
LEADMINI	119.78	118.92	117.73	116.87	115.68	114.82	113.63
NATURALGAS	176.70	173.00	170.80	167.10	164.90	161.20	159.00
NICKELM	961.40	949.90	935.40	923.90	909.40	897.90	883.40
SILVERM	67593.67	66172.33	64742.67	63321.33	61891.67	60470.33	59040.67
SILVERMIC	67588.00	66169.00	64740.00	63321.00	61892.00	60473.00	59044.00
ZINCMINI	113.52	112.58	111.42	110.48	109.32	108.38	107.22

Zincmini and Leadmini have reached a zone where resistance is strong. Gold is showing some sideways movement. It could lose some value at this point. So does the silver. However it must be noted the uptrend is not over yet for gold and silver. Any dip in price would trigger another wave of upswing like we have seen in the past many trading sessions therefore shorts should be avoided..

Happy trading!!

Trading the currency pairs at MCX on 13th September

For currency pairs trading at MCX I give below the pivot points

	EURINR-I	GBPINR-I	JPYINR-I	USDINR-I
R3	71.9275	89.4133	71.6067	55.6783
Mid R3	71.7913	89.3350	71.5088	55.6213
R2	71.6550	89.2567	71.4108	55.5642
Mid R2	71.5750	89.1850	71.3063	55.4988
R1	71.4950	89.1133	71.2017	55.4333
Mid R1	71.3588	89.0350	71.1038	55.3763
Pivot	71.2225	88.9567	71.0058	55.3192
Mid S1	71.1425	88.8850	70.9013	55.2538
S1	71.0625	88.8133	70.7967	55.1883
MID S2	70.9263	88.7350	70.6988	55.1313
S2	70.7900	88.6567	70.6008	55.0742
Mid S3	70.7100	88.5850	70.4963	55.0088
S3	70.6300	88.5133	70.3917	54.9433

The EURO continues to rise and most likely to find new highs. The JPY is weak. May come down. The USD may stage a comeback the GBP  also has shown some strength. The above pivot points should be consulted while taking positions.

Happy trading !!