Thursday, March 17, 2011

Commodity Trade for 17-3-11

Yesterday two trade posted 1 positional & 1 intra.

Crude made a low of 4407 after shorts initiate.

I cant update exit msg as out for some work.

Other trade still on hold.

Positional Trades

1. Short Silver @ 54000 T- 50000 Sl-55350 ( Gives full 2600 points)


2. Short Crude @ 4550 T-4380 Sl- 4620 ( Target achieved 4382 Low Call Closed)

3. Short Copper @ 421-422 Sl-430 T- 405-400 ( New Trade)

4. Short Zinc @ 104.5 Sl-106 T-102 (Target achieved Call closed).

5. Short Crude @ 4464 Sl-4500 T-4400,4380 ( exit @ 4420)


Intra day calls in Coment section.

Any one wants my call on his mobile can contact me.

15 comments:

INDITRADER said...

1. Short Crude @ 4490- 4500 sl- 4535 T - 4460, 4400 (risky trade)

INDITRADER said...

Hold Copper shorts dont put sl it will surly come down

nanjil said...

musti,

you are doing good job except not maintaining the SL or keeping big SL which will one day wipe you out from trading.. you may be capable of earning your losses quickly with your skill..but dont expect your readers will do the same.. if you say SL then let it stop. dont ask them to hold it with huge loss..they will be then out of trade coz of all capital lost in just few trades..

look at your calls today..both crude and copper hit SL which is about 12k.. if they take another one SL like this then capital of copper is gone..i.e, 100% capital wiped off.. will you trade nifty like this...i mean 100% capital loss in nifty means 500 point SL..

hope you will understand well and do justification to your readers..

good luck and keep up the good work..

INDITRADER said...

Breaking news. China raise Intrest rates @ 50 bps. Bearish for base metals. Those who holding Copper Shorts can exit in this fall.

INDITRADER said...

@ Nanjil thx for ur concern & Sugestion. I will give a detailed reply over my trade tommorrow. As I am out for some work since morning.

INDITRADER said...

Short Crude @ 4620 sl- 4665 T - 4580 (very high risk).

INDITRADER said...

Friends Sorry for Yesterday Crude call as Sl hit loss 35 points.

INDITRADER said...

My Copper short trade also hit sl but I still holding positions as I am very bearish on every thing either Base metals or Gold / Silver or Crude. Even Nifty also I give this month 5000 Target. Yesterday upmove was Speculation & just some short Covering. We see Copper sub 400 very soon.

INDITRADER said...

Crude target achieved booked got full 40 points. Yesterday loss recovered

INDITRADER said...

Short Silver @53000 sl - 53410 T- 52650, 52250 (risky Call)

INDITRADER said...

Short Gold @ 20875-20900 sl- 21040 T- 20750,20600

INDITRADER said...

Short Crude below 4530 sl- 4560 T- 4490

INDITRADER said...

POSITIONAL TRADE SHORT CRUDE @ 4565 TO 4600 SL- 4680 T - 4420, 4370. Can take position today or Monday.

INDITRADER said...

Hold Silver & gold Shorts.

INDITRADER said...
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