MCX Zinc is beaten enough on charts and has already tested bottoms. RSI is in over sold zone and MACD is also bending upwards.
I will open Zinc next week if it manages to break above 101.60 for a target of 105.11, 107+ with stop loss of 98.50.
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I will open Zinc next week if it manages to break above 101.60 for a target of 105.11, 107+ with stop loss of 98.50.
Disclosure/Disclaimer and FAQ
*If you have any questions, queries or need more explanation, leave comments below also please don't forget to LIKE my page. Our commitment to you: we want to make money with you, not from you. We execute all trades that we share with members at our personal account. If you lose we lose too. If you profit, we profit too. Contact us at [email protected] if you have any questions.
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i have long position in zinc...hold or out..in positions..
ReplyDelete@ Krishna, Please follow instructions mentioned above. As of now its neither in buy nor in sell. I will enter only when there is break out mentioned in my call and i will follow the same..
ReplyDeletenidhi ji my zinc buy 101 pls help me..
ReplyDelete@ Anuj - Zinc is buy only above 101.60 and there is nothing much i can do here. If you want you can hedge your positions and remove the same when it manages to cross 101.60.
ReplyDeleteZinc is back on fire. If it manages to cross 101.60 then this is definitely going to be a sure shot call and I will open this trade on this break-out
ReplyDeleteYesterday Zinc made high 102.80 and closed at 102.55...Enjoy!!!!
ReplyDeletePls give some info about crude when to enter the trade
ReplyDelete@ Prashant - I don't know what's happening in Crude but technically speaking its in no trade zone for me. I will only Long Crude at 4450 when i will see it has taken support otherwise i will avoid. There is no point raising risk and loosing our hard earned money.
ReplyDeleteZinc has taken very good support. It could not break 101.60 at lower side which was earlier our resistance. Closed at 102.20 and made high 103.10. I have modified my stop loss now to 101.50 and holding my positions. Enjoy!!!!
ReplyDeleteat what level to enter in trade for silver
ReplyDelete@ Prashant - I am waiting for silver to come down in range of 56400 to 56500 then only i will initiate any call in silver. As of now, i don't have any view/Call on Silver
DeleteZinc is traded at Day high 103.30...I got actually scared when Zinc came down yesterday but now its in-line with what we predicted and traded. I am still holding my positions and waiting for targets. Enjoy!!!!
ReplyDeleteThe moment Zinc will cross its next barrier i.e. 103.50, it will move fast towards our TG1 105.11 and that's where I will lock my 50% profits...Till then I am holding with Trailing stop loss now as Cost to cost i.e. 101.60..Enjoy!!!
ReplyDeleteYesterday Zinc made high 103.90 and closed at higher side 103.90...Enjoy!!!!
ReplyDeleteZINC CMP 103.90...Modify Stop loss now to 103 and book 50% at TG1.
ReplyDeleteZinc Target achieved on Diwali day 105.10 and I have booked in full. Enjoy this huge profit from 101.60 to 105.10...Enjoy!!!
ReplyDeleteAlthough we booked at TG1 but zinc today touched 106.60 almost our TG2...
ReplyDeleteZinc Made high 110.65 and closed at 110.20...Enjoy!!!
ReplyDeletei am bearish on zinc as it is weak below 109.90 with sl 110.60. Nidhi Di, what is your view ?
ReplyDeleteIts bearish but if you want to have a sure shot sell then short below 107.95 for targets of 105.70, 103.50 stop loss 110.90....
ReplyDelete